Sec. 45.152. CREATION OF AUTHORITY. (a) If the boards of trustees of two districts find that it is to the best interest of the districts to create an athletic stadium authority to include the districts, each board of trustees shall adopt a resolution creating an authority and designating the name by which it shall be known.
(b) An authority is a body politic and corporate. It must have a seal, may sue and be sued, and may make, amend, and repeal its bylaws.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Structure Texas Statutes
Subtitle I - School Finance and Fiscal Management
Chapter 45 - School District Funds
Subchapter F. Athletic Stadium Authorities
Section 45.152. Creation of Authority
Section 45.153. Board of Directors
Section 45.154. Construction, Acquisition, and Operation of Stadium
Section 45.156. Contracts With School Districts
Section 45.157. Examination of Bonds by Attorney General
Section 45.158. Charges for Use of Stadium
Section 45.161. Eminent Domain