Sec. 507.005. CORPORATION NOT SUBJECT TO CERTAIN PROVISIONS. Sections 501.203, 501.205, 501.251-254, 501.255(a) and (b), 501.256, and 501.257 do not apply to a corporation under this chapter.
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 507 - Spaceport Development Corporations
Subchapter A. General Provisions
Section 507.002. Scope of Project
Section 507.003. Authority to Create Corporation by Eligible Entities
Section 507.004. Contents of Certificate of Formation
Section 507.005. Corporation Not Subject to Certain Provisions