The board may issue and sell general obligation bonds in the name and on the faith and credit of the district for:(1) the purchase, construction, acquisition, repair, or renovation of buildings or improvements; and(2) equipping buildings or improvements for hospital and ancillary health care purposes. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Texas Legal Code