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Texas Special District Local Laws Code - SDLL § 1117.251. General Obligation Bonds

Current as of January 01, 2024 | Updated by FindLaw Staff

(a) The board may issue and sell general obligation bonds in the name and on the faith and credit of the district for any purpose related to the purchase, construction, acquisition, repair, or renovation of buildings and improvements, and equipping buildings and improvements for hospitals and the hospital system, as determined by the board.

(b) The board shall issue the bonds in compliance with the applicable provisions of Subtitles A and C, Title 9, Government Code. (Acts 59th Leg., R.S., Ch. 317, Sec. 7 (part).)

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 1117.251. General Obligation Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-1117-251/

Read this complete Texas Special District Local Laws Code - SDLL § 1117.251. General Obligation Bonds on Westlaw. Westlaw subscription required.

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