Texas Special District Local Laws Code

§ 1014.206 — CHARGES FOR SERVICES RENDERED

SD § 1014.206Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1014. COLLINGSWORTH COUNTY HOSPITAL DISTRICT · Art. E. BONDS

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.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.