REVENUE BONDS.
Tex. HEALTH & SAFETY Code § 262.041.
in effect(a) The authority may issue revenue bonds to provide funds for any of the authority's purposes, including the purposes described by Sections 262.0331 and 262.034 , regardless of whether the authority owns or operates a hospital.
(b) Revenue bonds must be payable from, and secured by a pledge of, revenues from:
(1) the operation of one or more hospitals and any other revenues from the ownership or investment of hospital property; or
(2) any initiative described by Section 262.0331 or any facility or service described by Section 262.034 .
(c) Additionally, revenue bonds may be secured by a mortgage or deed of trust on real property owned by the authority or by a chattel mortgage on the authority's personal property.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.