Texas Statutes (Last Updated: January 4, 2014) |
HEALTH AND SAFETY CODE |
Title 4. HEALTH FACILITIES |
Subtitle A. FINANCING, CONSTRUCTING, REGULATING, AND INSPECTING HEALTH FACILITIES |
Chapter 223. HOSPITAL PROJECT FINANCING ACT |
Subchapter C. HOSPITAL PROJECT BONDS |
Sec. 223.023. ELECTION RESULTS
Latest version.
-
(a) If the proposition is approved by a majority of the voters voting in the election, the issuer may authorize the bonds.
(b) If the proposition is not approved, an election on the issuing of revenue bonds for the hospital project that was the subject of the election may not be ordered within six months after that election, and bonds may not be issued for the hospital project until a majority of the voters voting in an election held for that purpose approve the issuance of the bonds.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.