Tex. Health & Safety Code § 265.019 · Subchapter B. JOINT HOSPITAL WITH BOARD OF MANAGERS
USE OF EARNINGS OR ASSETS FOR PRIVATE PURPOSES PROHIBITED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except as reasonable compensation for services rendered or reasonable allowance for authorized expenditures incurred on behalf of the board of managers or the hospital, the net earnings of the board or the hospital may not be used for the benefit of a private officer, board member, individual, or substantial contributor to the board of managers or the hospital. The assets of the board or the hospital may not be distributed to, be divided among, be used for, accrue to, or benefit a private officer, board member, individual, or substantial contributor to the board or the hospital.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 151, Sec. 1, eff. May 16, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.265.htm
- Text hash
- sha256 82ee54432fb2385f5e89b2af9f50a7c8c519a4098fbbed1a03134cca6335ac2e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Health & Safety Code § 265.019. Each shows the citation as that text prints it.
Health and Safety Code
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