If authorized by an election, the board may issue and sell general obligation bonds in the name and on the faith and credit of the district to:

1. (1) purchase, construct, acquire, repair, or renovate buildings or improvements;
2. (2) equip buildings or improvements for hospital purposes; or
3. (3) acquire and operate a mobile emergency medical service.

Added by Acts 2009, 81st Leg., R.S., Ch. 876 (S.B. 2517), Sec. 3.01, eff. June 19, 2009.