Sec. 3875.072. QUALIFICATIONS. To be qualified to serve as an elected director, a person must be at least 18 years of age and be:
(1) a resident of the district;
(2) an owner of real property in the district;
(3) an owner of at least 10 percent of the outstanding interest of a corporation or general or limited partnership that owns real property in the district; or
(4) an agent, employee, officer, or director of any corporation or partnership that owns real property in the district.
Added by Acts 2001, 77th Leg., Ch. 1204 (H.B. 3647), Sec. 1, eff. June 15, 2001.
Transferred and redesignated from Local Government Code, Chapter 385 by Acts 2015, 84th Leg., R.S., Ch. 1236 (S.B. 1296), Sec. 21.001(41), eff. September 1, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3875 - Smith County Economic Development District
Subchapter C. Board of Directors
Section 3875.071. Board of Directors
Section 3875.072. Qualifications
Section 3875.073. Initial Board
Section 3875.074. Elected Board
Section 3875.076. Director's Bond
Section 3875.077. Officers; Compensation; Quorum
Section 3875.078. Common Law Principles