Sec. 1014.206. CHARGES FOR SERVICES RENDERED

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If the board issues revenue bonds, the board shall charge and collect rates for services rendered by the hospital system that are sufficient to:
(1) pay the maintenance and operating expenses described by Section 1014.205;
(2) pay the principal and interest on the bonds as each becomes due; and
(3) create and maintain a bond reserve fund and other funds as provided in the bond resolution or trust indenture.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.02, eff. April 1, 2009.

                    
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