Tex. Spec. Dists. Code § 1014.206

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1014.206 - Charges for Services Rendered

If the board issues revenue bonds, the board shall charge and collect rates for services rendered by the hospital system that are sufficient to:

(1) pay the maintenance and operating expenses described by Section 1014.205;

(2) pay the principal and interest on the bonds as each becomes due; and

(3) create and maintain a bond reserve fund and other funds as provided in the bond resolution or trust indenture.

Tex. Spec. Dist. Loc. Laws § 1014.206

Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.