Tex. Health & Safety Code § 285.005 · Subchapter A. PAYMENT OF HOSPITAL DISTRICT OPERATING EXPENSES IN CERTAIN POPULOUS COUNTIES
REFUNDING PROHIBITED; REPAYMENT REQUIRED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An advance may not be refunded, refinanced, or extended.
(b) When district revenues are received, the commissioners court shall apply them to the payment or prepayment of outstanding, unpaid advances under the revenue anticipation agreement if:
(1) those revenues are not required or committed to pay other district obligations and expenses; and
(2) the revenues are received during the term of the revenue anticipation agreement.
(c) Until all advances under a revenue anticipation agreement are repaid, retired, and canceled, an advance may not be made under a subsequent revenue anticipation agreement.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.285.htm
- Text hash
- sha256 4f14716cf3071aca30ef468b57a735f37850d6bd513ee118d217200b925b325f
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.