Sec. 286.077.  HOSPITAL PROPERTY, FACILITIES, AND EQUIPMENT.  (a)  The board shall determine:
(1)  the type, number, and location of buildings required to establish and maintain an adequate hospital system;  and
(2)  the type of equipment necessary for hospital care.
(b)  The board may:
(1)  acquire property, facilities, and equipment for the district for use in the hospital system;
(2)  mortgage or pledge the property, facilities, or equipment acquired as security for the payment of the purchase price;
(3)  transfer by lease to physicians, individuals, companies, corporations, or other legal entities or acquire by lease district hospital facilities;  and
(4)  sell or otherwise dispose of district property, facilities, or equipment.
Added by Acts 1991, 72nd Leg., ch. 14, Sec. 121, eff. Sept. 1, 1991.