Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Special District Local Laws Code § 1104.160: SPENDING AND INVESTMENT RESTRICTIONS.

Where this section sits in the code

SPECIAL DISTRICT LOCAL LAWS CODE
TITLE 3. HEALTH
SUBTITLE A. HOSPITAL DISTRICTS
CHAPTER 1104. TEAGUE HOSPITAL DISTRICT
SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS

(a) Except as provided by Sections 1104.110, 1104.201, 1104.204, and 1104.205, the district may not incur a debt payable from district revenue other than the revenue on hand or to be on hand in the current and immediately following district fiscal years.

(b) The board may invest operating, depreciation, or building reserves only in funds or securities specified by Chapter 2256, Government Code.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Collected 2026-08-27T01:47:41Z. Source file · JSON

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