Texas Health and Safety Code 262.002 – Definitions
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Health and Safety Code 262.002
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Trustee: A person or institution holding and administering property in trust.
In this chapter:
(1) “Authority” means a hospital authority created under this chapter.
(2) “Board” means the board of directors of an authority.
(3) “Bond” includes a note.
(4) “Bond resolution” means the resolution authorizing the issuance of revenue bonds.
(5) “Governing body” means the governing body of a municipality.
(6) “Hospital” means a hospital project as defined by § 223.002.
(7) “Trust indenture” means the mortgage, deed of trust, or other instrument pledging revenues of, or creating a mortgage lien on, properties to secure revenue bonds issued by an authority.
(8) “Trustee” means the trustee under a trust indenture.