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Tex. Health and Safety Code § 285.007

LIMITATION ON USE OF PROCEEDS; AUDIT

Texas · Texas Health and Safety Code · Status: effective

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Tex. Health and Safety Code § 285.007, LIMITATION ON USE OF PROCEEDS; AUDIT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/670518
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(a) An advance under a revenue anticipation agreement may be used only for the purposes authorized by this subchapter. (b) It is not a defense to repayment of advanced amounts that the funds are used for a purpose not authorized by this subchapter. (c) The auditor of the hospital district shall: (1) audit the use of advanced funds at the time of the district's regular audit; and (2) certify to the commissioners court whether those funds are used for proper operating and maintenance purposes authorized by this subchapter.