Tex. Special District Local Laws Code § 1065.207
CHARGES FOR SERVICES RENDERED
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 1065.207, CHARGES FOR SERVICES RENDERED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/588665
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Full text
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 1065.206;
(2) pay the principal of 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.