Texas Health and Safety Code 287.076 – Health Care Property, Facilities, and Equipment
(a) The board shall determine:
(1) the type, number, and location of buildings required to establish and maintain an adequate health care system; and
(2) the type of equipment necessary for health care.
(b) The board may:
(1) acquire property, facilities, and equipment for the district for use in the health care system;
(2) mortgage or pledge the property, facilities, or equipment acquired as security for the payment of the purchase price;
(3) transfer by lease to physicians, individuals, companies, corporations, or other legal entities or acquire by lease district health care facilities;
(4) sell or otherwise dispose of property, facilities, or equipment acquired by the district; and
(5) contract with a state agency or other qualified provider to provide services.
Terms Used In Texas Health and Safety Code 287.076
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: means real and personal property. See Texas Government Code 311.005