Sec. 501.005. ADOPTION OF ALTERNATE PROCEDURE. If a court holds that a procedure under this subtitle violates the federal or state constitution, a corporation by resolution may provide an alternate procedure that conforms to the constitution.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Structure Texas Statutes
Title 12 - Planning and Development
Chapter 501 - Provisions Governing Development Corporations
Subchapter A. General Provisions
Section 501.003. Who May Be User
Section 501.004. Legislative Findings; Construction of Subtitle
Section 501.005. Adoption of Alternate Procedure
Section 501.006. Use of Corporation to Finance Project
Section 501.007. Lending Credit or Granting Public Money
Section 501.008. Limitation on Financial Obligation
Section 501.009. Police Powers Not Affected
Section 501.010. Delegation of Unit's Sovereign Powers Prohibited
Section 501.011. Reference to Articles of Incorporation or Certificate of Formation