Sec. 507.104. CONTRACTS. (a) Except as provided by Subsection (b), a spaceport development corporation may enter into:
(1) an agreement with any person; or
(2) an interlocal contract under Chapter 791, Government Code.
(b) A spaceport development corporation may not enter into a contract to operate a spaceport unless the agreement provides that the person contracting with the corporation assumes the corporation's liability for a cause of action arising from environmental damage.
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 C. Powers and Duties
Section 507.101. General Powers and Limitations of Corporation
Section 507.102. Acquisition, Mortgage, or Disposal of Property
Section 507.103. Eminent Domain
Section 507.105. General Powers Related to Finances
Section 507.106. Donations, Grants, and Loans
Section 507.107. Authority to Sue and Be Sued
Section 507.108. Higher Education Courses and Degree Programs