Sec. 1031.106. DISTRICT PROPERTY, FACILITIES, AND EQUIPMENT. (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.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
