{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1008.210","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1008.210","heading":"SPENDING AND INVESTMENT RESTRICTIONS.","body":"(a) Except as otherwise provided by this chapter, the district may not incur an obligation payable from district revenues other than the revenues on hand or to be on hand in the current and following district fiscal years.\n(b) The board may invest operating, depreciation, or building reserves only in funds or securities specified by Chapter 2256, Government Code.\nAdded by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1008. CHILLICOTHE HOSPITAL DISTRICT","SUBCHAPTER E. GENERAL FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1008.htm#1008.210","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"d63303f42759ce29e34447d2532612e183cfa39a857f1867a33fd54ba9936513","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1008.209","next":"us-tx/tex.-special-district-local-laws-code-1008.211"},"notice":"GroundRules: Original legal text. Not legal advice."}