If authorized by an election, the board may issue and sell general obligation bonds in the name and on the faith and credit of the district to:(1) purchase, construct, acquire, repair, or renovate buildings or improvements; or(2) equip 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