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 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
Texas Legal Code