Texas § HS.223.011 - PROVIDING HOSPITAL PROJECTS
Full text of Texas The Texas Constitution § HS.223.011 — PROVIDING HOSPITAL PROJECTS, with citation guidance and answers to common questions.
§ HS.223.011. PROVIDING HOSPITAL PROJECTS
PROVIDING HOSPITAL PROJECTS. (a) An issuer acting for itself or through a nonprofit organization may provide one or more hospital projects by acquisition, construction, or improvement. An acquisition may occur by purchase, devise, gift, lease, or a combination of those methods. (b) A hospital project must be located in this state and within or partially within the issuer's boundaries, except that a hospital project of a municipality may be located: (1) outside the municipality's limits if it is within the municipality's extraterritorial jurisdiction; or (2) in another municipality if the governing body of the other municipality consents to the former municipality's provision of the project. (c) An issuer may only acquire a hospital project from a nonprofit organization that has been in existence and has operated the hospital project for at least three years before the date of acquisition by the issuer. (d) An issuer must affirmatively find that the cost of an acquired hospital project is not more than: (1) the actual audited cost of the hospital project to the date of acquisition; or (2) the fair market value of the hospital project at the date of acquisition as determined by an appraisal obtained by the issuer. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Frequently Asked Questions About Texas § HS.223.011
What does The Texas Constitution § HS.223.011 cover?
Section HS.223.011 ("PROVIDING HOSPITAL PROJECTS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § HS.223.011?
A common citation format is "The Texas Constitution § HS.223.011" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § HS.223.011 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.