The board may issue and sell general obligation bonds in the name and on the faith and credit of the district for any purpose relating to:

1. (1) the purchase, construction, acquisition, repair, or renovation of buildings or improvements; and
2. (2) equipping buildings or improvements for hospital purposes.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.