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 hospital purposes. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Texas Legal Code