Sec. 3867.103. DEVELOPMENT CORPORATION POWERS. The district, using money available to the district, may exercise the powers given to a development corporation under Chapter 505, Local Government Code, including the power to own, operate, acquire, construct, lease, improve, or maintain a project under that chapter.
Added by Acts 2013, 83rd Leg., R.S., Ch. 582 (S.B. 863), Sec. 1, eff. June 14, 2013.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3867 - Pearland Municipal Management District No. 2
Subchapter C. Powers and Duties
Section 3867.101. General Powers and Duties
Section 3867.102. Improvement Projects and Services
Section 3867.103. Development Corporation Powers
Section 3867.104. Nonprofit Corporation
Section 3867.105. Agreements; Grants
Section 3867.106. Law Enforcement and Security Services
Section 3867.107. Membership in Charitable Organizations
Section 3867.108. Economic Development
Section 3867.109. Parking Facilities
Section 3867.110. Annexation of Land