{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1069.212","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1069.212","heading":"AUTHORITY TO BORROW MONEY.","body":"(a) Pending receipt of accounts receivable, the board may borrow money for the payment of maintenance and operating expenses of the district.\n(b) A loan obtained by the district under this section must be repaid not later than one year after the date on which the loan is made.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1069. NACOGDOCHES COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. GENERAL FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1069.htm#1069.212","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"467e6dfa6d31a861d44a9d231b64030a97167e16a84abb0bc4a033eb4a54405a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1069.211","next":"us-tx/tex.-special-district-local-laws-code-1069.251"},"notice":"GroundRules: Original legal text. Not legal advice."}