Sec. 1054.160. SPENDING AND INVESTMENT RESTRICTIONS. Except as otherwise provided by Section 1054.107(c) and by Subchapter E, the district may not incur an obligation payable from district revenue other than the revenue on hand or to be on hand in the current and immediately following district fiscal years.
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 1054 - Lynn County Hospital District
Subchapter D. General Financial Provisions
Section 1054.152. Notice; Hearing; Approval of Budget
Section 1054.154. Restriction on Expenditures
Section 1054.157. Inspection of Audit and District Records
Section 1054.158. Financial Report