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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) After the issuance of bonds, the board may change the use of the bond proceeds to include a change or improvement to the district hospital if the change or improvement will not increase the cost of the proposed project beyond the amount of the authorized bonds.
(b) The board may make the change in the use of the bond proceeds by:
(1) entering in the minutes of the board a notation of the change; and
(2) by giving notice of the change by publication of the notation and the page number of the board minutes on which the notation was entered.
(c) The publication must be in English and must run for two successive weeks in a newspaper of general circulation in the county in which the district is located.
Cite this article: FindLaw.com - Texas Health and Safety Code - HEALTH & SAFETY § 282.081. Change in Use of Bond Proceeds After Bond Issuance - last updated January 01, 2024 | https://codes.findlaw.com/tx/health-and-safety-code/health-safety-sect-282-081/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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