Texas Special District Local Laws Code § 1117.251 General Obligation Bonds

Sec. 1117.251. GENERAL OBLIGATION BONDS. (a) The board may issue and sell general obligation bonds in the name and on the faith and credit of the district for any purpose related to the purchase, construction, acquisition, repair, or renovation of buildings and improvements, and equipping buildings and improvements for hospitals and the hospital system, as determined by the board.

(b) The board shall issue the bonds in compliance with the applicable provisions of Subtitles A and C, Title 9, Government Code.

Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.

Section: Previous  1117.201  1117.202  1117.203  1117.204  1117.205  1117.206  1117.207  1117.251  1117.252  1117.253  1117.254  1117.255  1117.256  1117.301  1117.302  Next

Last modified: September 28, 2016