Sec. 1005.204.  REVENUE BONDS.  (a)  The board may issue revenue bonds to:
(1)  acquire, purchase, construct, repair, renovate, or equip buildings or improvements for hospital system purposes;
(2)  acquire sites to be used for hospital system purposes; or
(3)  acquire and operate a mobile emergency medical service to assist the district in carrying out its hospital purposes.
(b)  The bonds must be payable from and secured by a pledge of all or part of the revenues derived from the operation of the district's hospital system.
(c)  The bonds may be additionally secured by a mortgage or deed of trust lien on all or part of district property.
(d)  The bonds must be issued in the manner provided by Sections 264.042, 264.043, and 264.046-264.049, Health and Safety Code, for issuance of revenue bonds by a county hospital authority.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.