Sec. 3940.103. 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 2015, 84th Leg., R.S., Ch. 499 (S.B. 2043), Sec. 1, eff. June 16, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3940 - Valley Ranch Medical Center Management District
Subchapter C. Powers and Duties
Section 3940.101. General Powers and Duties
Section 3940.102. Improvement Projects and Services
Section 3940.103. Development Corporation Powers
Section 3940.104. Nonprofit Corporation
Section 3940.105. Agreements; Grants
Section 3940.106. Law Enforcement Services
Section 3940.107. Membership in Charitable Organizations
Section 3940.108. Economic Development Programs
Section 3940.109. Parking Facilities