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Tex. Health and Safety Code § 264.041

REVENUE BONDS

Texas · Texas Health and Safety Code · Status: effective

Property & Real Estate
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Tex. Health and Safety Code § 264.041, REVENUE BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/670227
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(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.