Sec. 1015.201. GENERAL OBLIGATION BONDS  


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  • 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; and

    (2) equip buildings or improvements for hospital purposes.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.02, eff. April 1, 2009.