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Tex. Health and Safety Code § 223.015

OBLIGATIONS LIMITED

Texas · Texas Health and Safety Code · Status: effective

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Tex. Health and Safety Code § 223.015, OBLIGATIONS LIMITED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/669170
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(a) The issuer may not incur a financial obligation under this chapter that cannot be paid from the proceeds of hospital project bonds, revenues derived from operating a hospital project, or other revenues that may be provided by a nonprofit organization in accordance with this chapter. (b) The legislature or an issuer may not make an appropriation to pay any part of a cost of a hospital project or any operating cost of a hospital project.