General Obligation Bonds

Tex. Special District Local Laws Code § 1063.201, under Chapter 1063.

Tex. Special District Local Laws Code § 1063.201

Sec. 1063.201. GENERAL OBLIGATION BONDS. The board may issue and sell general obligation bonds in the name and on the faith and credit of the district for any purpose relating to: (1) the purchase, construction, acquisition, repair, or renovation of buildings or improvements; and (2) equipping buildings or improvements for health care or hospital purposes. Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.