Texas § HS.262.026 - RATES FOR HOSPITAL SERVICES
Full text of Texas The Texas Constitution § HS.262.026 — RATES FOR HOSPITAL SERVICES, with citation guidance and answers to common questions.
§ HS.262.026. RATES FOR HOSPITAL SERVICES
RATES FOR HOSPITAL SERVICES. (a) Except as provided by Subsection (b), through charging sufficient rates for services provided by a hospital and through its other revenue sources the board shall produce revenue sufficient to: (1) pay the expenses of owning, operating, and maintaining the hospital; (2) pay the interest on the bonds as it becomes due; (3) create a sinking fund to pay the bonds as they become due; and (4) create and maintain a bond reserve fund and other funds as provided in the bond resolution or trust indenture. (b) If the hospital is used, operated, or acquired by a nonprofit corporation under Chapter 223 or is leased, the board shall require the nonprofit corporation or the lessee to charge rates for services provided by the hospital that are sufficient with the nonprofit corporation's or lessee's other sources of revenue to: (1) pay the expenses of operating and maintaining the hospital; and (2) make payments or pay rentals to the authority that are sufficient with the authority's other pledged sources of estimated revenue to: (A) pay the interest on the bonds as it becomes due; (B) create a sinking fund to pay the bonds as they become due; and (C) create and maintain a bond reserve fund and other funds as provided in the bond resolution or trust indenture. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Frequently Asked Questions About Texas § HS.262.026
What does The Texas Constitution § HS.262.026 cover?
Section HS.262.026 ("RATES FOR HOSPITAL SERVICES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § HS.262.026?
A common citation format is "The Texas Constitution § HS.262.026" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § HS.262.026 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.