Sec. 264.041.  REVENUE BONDS.  (a)  The authority may issue revenue bonds to provide funds for any of the authority's purposes.
(b)  Revenue bonds must be payable from, and secured by a pledge of, revenues from the operation of one or more hospitals and any other revenues from owning hospital property.  Additionally, revenue bonds may be secured by a mortgage or deed of trust on real property owned by the authority or by a chattel mortgage on the authority's personal property.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.