Sec. 1072.159. DEBT LIMITATION. Except as provided by Chapter 1207, Government Code, and Sections 1072.116, 1072.201, and 1072.204, the district may not incur a debt payable from district revenue other than revenue available in the current fiscal year and the immediately following fiscal year of the district.
Added by Acts 2009, 81st Leg., R.S., Ch. 876 (S.B. 2517), Sec. 3.01, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1072 - Runnels County Hospital District
Subchapter D. General Financial Provisions
Section 1072.152. Notice; Hearing; Adoption of Budget
Section 1072.155. Annual Audit
Section 1072.156. Inspection of Annual Audit and District Records
Section 1072.157. Financial Report
Section 1072.158. Short-Term Financing