Sec. 1043.206. REVENUE BONDS. (a) The board may issue revenue bonds to: (1) purchase, construct, acquire, repair, or renovate buildings or improvements, including necessary equipment and furnishings, for hospital purposes and the hospital system; (2) acquire sites to be used for hospital purposes; or (3) acquire and operate a mobile emergency medical or air ambulance service to assist the district in carrying out its hospital purpose. (b) The bonds may be secured by a mortgage or deed of trust lien on all or part of district property. (c) The bonds must be issued in the manner provided by Sections 264.042 , 264.043 , and 264.046-264.049, Health and Safety Code, for issuance of revenue bonds by a county hospital authority.
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