Sec. 1020.116. NONPROFIT CORPORATION. (a) The district may create and sponsor a nonprofit corporation under the Business Organizations Code and may contribute money to or solicit money for the corporation.
(a-1) Expired.
(b) A corporation may use money, other than money the corporation pays to the district, only to provide health care or other services the district is authorized to provide under this chapter.
(c) The corporation may invest the corporation's money in any manner in which the district may invest the district's money, including investing money as authorized by Chapter 2256, Government Code.
(d) The board shall establish controls to ensure that the corporation uses its money as required by this section.
(e) Expired.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1020 - Deaf Smith County Hospital District
Subchapter C. Powers and Duties
Section 1020.101. District Responsibility
Section 1020.102. Restriction on Political Subdivision Taxation and Debt
Section 1020.103. Management, Control, and Administration
Section 1020.104. Hospital System
Section 1020.106. Purchasing and Accounting Procedures
Section 1020.107. Provision of Certain Health Services
Section 1020.108. District Property, Facilities, and Equipment
Section 1020.109. Eminent Domain
Section 1020.110. Gifts and Endowments
Section 1020.111. Construction Contracts
Section 1020.112. Operating and Management Contracts
Section 1020.113. Contracts With Governmental Entities for Hospitalization
Section 1020.114. Contracts With Governmental Entities for Investigatory or Other Services
Section 1020.115. Payment for Treatment; Procedures