1008.256 – REVENUE BONDS. (a) The board may issue revenue
Texas Special District Local Laws Code § 1008.256
Summary
This law allows a board to issue revenue bonds for hospital-related projects, including construction and acquisition of facilities. The bonds are secured by the revenue generated from the district's hospitals, ensuring financial backing for these improvements.
Enables issuance of revenue bonds for hospital construction and acquisition.
Bonds are secured by hospital operation revenues.
Additional security may include property liens.
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In simple terms: Learn about Texas's REVENUE BONDS. (a) The board may issue revenue law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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