Gavvy: Spec. Dist. Loc. Laws Code, Sec. 1064.251. General Obligation Bonds, Certificates of Obligation, and Other Financing.

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Sec. 1064.251. General Obligation Bonds, Certificates of Obligation, and Other Financing.

Sec. 1064.251. GENERAL OBLIGATION BONDS, CERTIFICATES OF OBLIGATION, AND OTHER FINANCING. The board may issue and sell general obligation bonds, certificates of obligation, or any other type of financing authorized by the laws of this state, including that type of financing authorized by Chapter 271, Local Government Code, in the name and on the faith and credit of the district for any purpose relating to:

(1) the purchase, construction, acquisition, repair, or renovation of buildings or improvements; and

(2) equipping buildings or improvements for hospital purposes.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Gavvy last updated this database on: Sep 6, 2024