General Obligation Bonds

Tex. Special District Local Laws Code § 1015.201, under Chapter 1015.

Tex. Special District Local Laws Code § 1015.201

Sec. 1015.201. GENERAL OBLIGATION BONDS. If authorized by an election, the board may issue and sell general obligation bonds in the name and on the faith and credit of the district to: (1) purchase, construct, acquire, repair, or renovate buildings or improvements; and (2) equip buildings or improvements for hospital purposes. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.