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Texas Special District Local Laws Code

§ 1063.155 — FISCAL YEAR

SD § 1063.155Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1063. MONTGOMERY COUNTY HOSPITAL DISTRICT · Art. D. GENERAL FINANCIAL PROVISIONS

Statute text

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(a)The district operates according to a fiscal year established by the board.
(b)The fiscal year may not be changed:
(1)during a period that district revenue bonds are outstanding; or
(2)more than once in a 24-month period.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Source: Texas Special District Local Laws Code § 1063.155 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.