GENERAL OBLIGATION BONDS.
Tex. SPEC. DIST. LOCAL LAWS Code § 1002.301.
in effect(a) The board may issue and sell bonds authorized by an election in the name and on the faith and credit of the district to:
(1) purchase, construct, acquire, repair, or renovate buildings or improvements; and
(2) equip buildings or improvements for hospital purposes.
(b) The bonds shall be sold at the time, in the manner, and under the terms determined by the board.
