Sec. 507.105. GENERAL POWERS RELATED TO FINANCES. A spaceport development corporation may:
(1) impose a charge for using a spaceport or a service the corporation provides;
(2) borrow money;
(3) loan money to fund a spaceport; and
(4) invest money under the corporation's control in an investment authorized by Chapter 2256, Government Code.
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