Sec. 1103.2045. REVENUE BONDS. (a) The board may issue revenue bonds to: (1) purchase, construct, acquire, repair, or renovate buildings or improvements; (2) equip buildings or improvements for hospital purposes; or (3) acquire real property for hospital purposes. (b) Revenue 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 hospital system. (c) Revenue bonds may be additionally secured by a mortgage or deed of trust on all or part of district property. (d) Revenue bonds must be issued in the manner provided by Sections 264.042 , 264.043 , 264.046 , 264.047 , 264.048 , and 264.049 , Health and Safety Code, for issuance of revenue bonds by a county hospital authority.
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