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Texas Special District Local Laws Code

§ 1071.156 — AUTHORITY TO BORROW MONEY

SD § 1071.156Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1071. OCHILTREE COUNTY HOSPITAL DISTRICT · Art. D. GENERAL FINANCIAL PROVISIONS

Statute text

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The board may borrow money for district purposes on district credit or secured by district revenue.

Legislative history

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

Source: Texas Special District Local Laws Code § 1071.156 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.