Sec. 1071.206. REVENUE BONDS. (a) The board may issue revenue bonds to: (1) purchase, construct, acquire, repair, renovate, or equip buildings or improvements for hospital or health care purposes; or (2) acquire sites for hospital or health care purposes. (b) The bonds must be payable from and secured by a pledge of all or part of the revenue derived from the operation of the district's facilities. (c) The bonds may be additionally secured by a mortgage or deed of trust lien on all or part of district property. (d) The bonds must be issued in accordance with the procedures and requirements prescribed 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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