Tex. Health & Safety Code Section 285.003
Authority to Make Revenue Anticipation Agreement

(a)

The commissioners court of the county may make a revenue anticipation agreement with a person, including a bank or other financial institution, on the determination by the commissioners court that the county hospital district’s projected revenue, including tax collections, will not be received by the district at the times necessary to pay when due the district’s operating and maintenance expenses.

(b)

Under the revenue anticipation agreement, the contracting person agrees to advance to the hospital district, and the county and district agree to repay from the sources specified by Section 285.006 (Security; Default of Repayment), funds necessary for the district hospital facilities’ operation and maintenance during the term of the agreement.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

Source: Section 285.003 — Authority to Make Revenue Anticipation Agreement, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­285.­htm#285.­003 (accessed Jun. 5, 2024).

285.001
Definition 285.002
Applicability of Subchapter 285.003
Authority to Make Revenue Anticipation Agreement 285.004
Terms 285.005
Refunding Prohibited 285.006
Security 285.007
Limitation on Use of Proceeds 285.008
Bonds 285.009
Taxes to Secure Bonds 285.021
Definitions 285.022
Authority to Construct, Improve, Operate, and Lease Parking Station 285.023
Authority to Issue Revenue Bonds 285.024
Form and Execution of Bonds 285.025
Terms 285.026
Approval and Registration of Bonds 285.027
Other Bonds 285.028
Use of Proceeds 285.029
Change for District Services 285.030
Procedures for Station Operation 285.041
Appointment of Tax Assessor and Collector 285.051
Authority of Governing Body 285.052
Petition 285.061
Tax Authorized 285.062
Tax Election Procedures 285.063
Effective Date of Tax or Tax Change 285.064
Use of Tax Revenue 285.071
Definition 285.072
Liability of a Hospital District Management Contractor 285.081
Optional Four-year Terms 285.082
Optional Three-year Terms 285.083
Resignation of Term 285.091
Hospital District Contracts, Collaborations, and Joint Ventures 285.101
Facilities or Services for Elderly or Disabled 285.131
Write-in Voting in Election for Board Members 285.151
Assets Transferred on Dissolution 285.161
Tax Authorized 285.162
Tax Rate 285.163
Tax Election Procedures 285.164
Election in Other Taxing Authority 285.165
Use of Tax 285.166
Effective Date 285.167
County Sales and Use Tax Act Applicable 285.201
Provision of Medical and Hospital Care 285.202
Use of Tax Revenue for Abortions 285.231
Election to Increase Maximum Tax Rate 285.301
Establishment of Nonprofit Corporation 285.302
Compliance by Nonprofit Corporation with Certain Laws 285.901
Disposition of Salvage and Surplus Property
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Accessed:
Jun. 5, 2024

§ 285.003’s source at texas​.gov