Tex. Health and Safety Code § 223.027
This is the official text of Tex. Health and Safety Code § 223.027, part of Texas’s Health and Safety Code — covers public health and safety regulation.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 223.027. DEDICATED REPAYMENT REVENUE.
Official statutory text
The principal of, any redemption premium for, and interest on hospital project bonds are payable from and secured, as specified by the resolution of the governing body or in any trust agreement or other instrument securing the bonds, by a pledge of all or part of the revenues of the issuer to be derived from:
(1) the ownership, operation, lease, use, mortgage, or sale of the hospital project for which the bonds have been issued; or
(2) other revenues provided by a nonprofit organization.
(1) the ownership, operation, lease, use, mortgage, or sale of the hospital project for which the bonds have been issued; or
(2) other revenues provided by a nonprofit organization.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.