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Tex. Spec. Dist. Local Laws Code § 1031.106

DISTRICT PROPERTY, FACILITIES, AND EQUIPMENT

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff

(a) The board may:

(1) purchase or lease property, including facilities or equipment, for the district to use in the health care system; and

(2) mortgage or pledge the property as security for the payment of the purchase price.

(b) The board may lease district health care facilities to individuals, corporations, or other legal entities for a term not to exceed 20 years.

(c) The board may sell or otherwise dispose of the district's property, including facilities or equipment.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.