Sec. 2203.354. ISSUANCE OF BONDS AUTHORIZED. On behalf of the association and subject to Section 2203.355, the Texas Public Finance Authority shall issue revenue bonds to:
(1) fund the policyholder's stabilization reserve fund for nursing homes and assisted living facilities under Section 2203.303;
(2) pay costs related to issuing the bonds; and
(3) pay other costs related to the bonds as determined by the board.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Section: Previous 2203.302 2203.303 2203.304 2203.305 2203.351 2203.352 2203.353 2203.354 2203.355 2203.356 2203.357 2203.358 2203.359 2203.360 2203.361 NextLast modified: September 28, 2016