Untitled Texas Attorney General Opinion

Honorable Mike Atkins Opinion No. H-1033 County Attorney Ector County Re: Sale at a discount and Odessa, Texas 79761 "with recourse" by county hospital of accounts receiv- able from patients. Dear Mr. Atkins: You ask if a proposed financial arrangement between the Odessa Medical Center Hospital and a state or national bank would be illegal under Texas law. We have not been furnished a proposed contract, but you explain: Under the transaction in question, if a patient proposed to pay his account at the hospital in installments over a period of time in excess of 60 to 90 days, that ac- count…