Sec. 3842.102. NONPROFIT CORPORATION. (a) The board by resolution may authorize the creation of a nonprofit corporation to assist and act for the district in implementing a project or providing a service authorized by this chapter.
(b) The nonprofit corporation:
(1) has each power of and is considered for purposes of this chapter to be a local government corporation created under Chapter 431, Transportation Code; and
(2) may implement any project and provide any service authorized by this chapter.
(c) The board shall appoint the board of directors of the nonprofit corporation. A director of the corporation is not required to reside in the district.
(d) The board of directors of the nonprofit corporation shall serve in the same manner as the board of directors of a local government corporation created under Chapter 431, Transportation Code.
Added by Acts 2007, 80th Leg., R.S., Ch. 589 (S.B. 1999), Sec. 2, eff. June 16, 2007.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3842 - Nasa Area Management District
Subchapter C. Powers and Duties
Section 3842.101. Additional Powers of District
Section 3842.102. Nonprofit Corporation
Section 3842.103. Agreements; Grants
Section 3842.104. Authority to Contract for Law Enforcement
Section 3842.105. Approval by City of Nassau Bay
Section 3842.106. Membership in Charitable Organizations
Section 3842.107. Economic Development Programs and Other Powers Related to Planning and Development