Texas Statutes
Title 12 - Planning and Development
Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government

Section 501.004. Legislative Findings; Construction of Subtitle - Sec. 501.004. LEGISLATIVE FINDINGS; CONSTRUCTION OF SUBTITLE. (a) The legislature...

Section 501.005. Adoption of Alternate Procedure - Sec. 501.005. ADOPTION OF ALTERNATE PROCEDURE. If a court holds...

Section 501.006. Use of Corporation to Finance Project - Sec. 501.006. USE OF CORPORATION TO FINANCE PROJECT. A unit...

Section 501.007. Lending Credit or Granting Public Money - Sec. 501.007. LENDING CREDIT OR GRANTING PUBLIC MONEY. (a) Except...

Section 501.008. Limitation on Financial Obligation - Sec. 501.008. LIMITATION ON FINANCIAL OBLIGATION. (a) Except as provided...

Section 501.009. Police Powers Not Affected - Sec. 501.009. POLICE POWERS NOT AFFECTED. This subtitle does not...

Section 501.010. Delegation of Unit's Sovereign Powers Prohibited - Sec. 501.010. DELEGATION OF UNIT'S SOVEREIGN POWERS PROHIBITED. A unit...

Section 501.011. Reference to Articles of Incorporation or Certificate of Formation - Sec. 501.011. REFERENCE TO ARTICLES OF INCORPORATION OR CERTIFICATE OF...

Subchapter B. Creation and Operation of Corporation

Section 501.051. Authority to Create - Sec. 501.051. AUTHORITY TO CREATE. (a) Three or more individuals...

Section 501.052. Nonmember, Nonstock Form of Corporation - Sec. 501.052. NONMEMBER, NONSTOCK FORM OF CORPORATION. A corporation is...

Section 501.053. Corporation Nonprofit; Net Earnings - Sec. 501.053. CORPORATION NONPROFIT; NET EARNINGS. (a) A corporation is...

Section 501.054. General Powers, Privileges, and Functions - Sec. 501.054. GENERAL POWERS, PRIVILEGES, AND FUNCTIONS. (a) A corporation...

Section 501.056. Contents of Certificate of Formation - Sec. 501.056. CONTENTS OF CERTIFICATE OF FORMATION. The certificate of...

Section 501.057. Filing of Certificate of Formation and Delivery of Certificate Evidencing Filing - Sec. 501.057. FILING OF CERTIFICATE OF FORMATION AND DELIVERY OF...

Section 501.058. Effect of Issuance of Certificate Evidencing Filing - Sec. 501.058. EFFECT OF ISSUANCE OF CERTIFICATE EVIDENCING FILING. (a)...

Section 501.059. Corporate Seal - Sec. 501.059. CORPORATE SEAL. A corporation may have a corporate...

Section 501.060. May Sue and Be Sued - Sec. 501.060. MAY SUE AND BE SUED. With respect to...

Section 501.061. Corporation's Organization Not Restricted - Sec. 501.061. CORPORATION'S ORGANIZATION NOT RESTRICTED. Except as provided by...

Section 501.062. Board of Directors - Sec. 501.062. BOARD OF DIRECTORS. (a) All of the powers...

Section 501.063. Organizational Meeting - Sec. 501.063. ORGANIZATIONAL MEETING. (a) After issuance of the certificate...

Section 501.064. Bylaws - Sec. 501.064. BYLAWS. (a) A corporation may adopt and amend...

Section 501.065. Officers - Sec. 501.065. OFFICERS. (a) A corporation has the following officers:...

Section 501.066. Indemnification - Sec. 501.066. INDEMNIFICATION. (a) In this section, "director or officer"...

Section 501.067. Insurance and Benefits - Sec. 501.067. INSURANCE AND BENEFITS. (a) Notwithstanding any law to...

Section 501.068. Board Meetings; Notice of Meeting - Sec. 501.068. BOARD MEETINGS; NOTICE OF MEETING. (a) A board...

Section 501.069. Waiver of Notice - Sec. 501.069. WAIVER OF NOTICE. If a notice is required...

Section 501.070. Action of Board; Quorum - Sec. 501.070. ACTION OF BOARD; QUORUM. (a) A quorum of...

Section 501.071. Action Without Meeting - Sec. 501.071. ACTION WITHOUT MEETING. (a) An action that may...

Section 501.072. Open Meetings and Public Information - Sec. 501.072. OPEN MEETINGS AND PUBLIC INFORMATION. A board of...

Section 501.073. Supervision by Authorizing Unit - Sec. 501.073. SUPERVISION BY AUTHORIZING UNIT. (a) The corporation's authorizing...

Section 501.074. Purchasing - Sec. 501.074. PURCHASING. A corporation may use the reverse auction...

Section 501.075. Exemption From Taxation - Sec. 501.075. EXEMPTION FROM TAXATION. (a) The activities of a...

Subchapter C. Authorized Projects

Section 501.101. Projects Related to Creation or Retention of Primary Jobs - Sec. 501.101. PROJECTS RELATED TO CREATION OR RETENTION OF PRIMARY...

Section 501.102. Projects Related to Certain Job Training - Sec. 501.102. PROJECTS RELATED TO CERTAIN JOB TRAINING. In this...

Section 501.103. Certain Infrastructure Improvement Projects - Sec. 501.103. CERTAIN INFRASTRUCTURE IMPROVEMENT PROJECTS. In this subtitle, "project"...

Section 501.104. Projects Related to Certain Military Bases or Missions - Sec. 501.104. PROJECTS RELATED TO CERTAIN MILITARY BASES OR MISSIONS....

Section 501.105. Career Center Projects Outside of Junior College District - Sec. 501.105. CAREER CENTER PROJECTS OUTSIDE OF JUNIOR COLLEGE DISTRICT....

Section 501.106. Airport Facilities or Other Projects by Corporations Authorized by Certain Border Municipalities - Sec. 501.106. AIRPORT FACILITIES OR OTHER PROJECTS BY CORPORATIONS AUTHORIZED...

Section 501.107. Infrastructure Projects by Corporations Authorized by Municipalities in Certain Border Counties - Sec. 501.107. INFRASTRUCTURE PROJECTS BY CORPORATIONS AUTHORIZED BY MUNICIPALITIES IN...

Subchapter D. Corporate Powers and Limitations Relating to Projects

Section 501.151. Authority to Finance Project - Sec. 501.151. AUTHORITY TO FINANCE PROJECT. A corporation is a...

Section 501.152. Definition of Cost With Respect to Project - Sec. 501.152. DEFINITION OF COST WITH RESPECT TO PROJECT. In...

Section 501.153. Lease or Sale of Project - Sec. 501.153. LEASE OR SALE OF PROJECT. (a) A corporation...

Section 501.154. Conveyance of Property to Institution of Higher Education - Sec. 501.154. CONVEYANCE OF PROPERTY TO INSTITUTION OF HIGHER EDUCATION....

Section 501.155. Loan to Finance Project - Sec. 501.155. LOAN TO FINANCE PROJECT. (a) A corporation may...

Section 501.156. Agreement Must Benefit Corporation - Sec. 501.156. AGREEMENT MUST BENEFIT CORPORATION. An agreement relating to...

Section 501.157. Default on Agreement; Enforcement - Sec. 501.157. DEFAULT ON AGREEMENT; ENFORCEMENT. An agreement relating to...

Section 501.158. Performance Agreements - Sec. 501.158. PERFORMANCE AGREEMENTS. (a) A corporation may not provide...

Section 501.159. Powers Concerning Projects; Jurisdiction - Sec. 501.159. POWERS CONCERNING PROJECTS; JURISDICTION. (a) A corporation may...

Section 501.160. Owning or Operating Project as Business - Sec. 501.160. OWNING OR OPERATING PROJECT AS BUSINESS. (a) Except...

Section 501.161. Certain Economic Incentives Prohibited - Sec. 501.161. CERTAIN ECONOMIC INCENTIVES PROHIBITED. (a) In this section,...

Section 501.162. Use of Tax Revenue for Job Training - Sec. 501.162. USE OF TAX REVENUE FOR JOB TRAINING. A...

Section 501.163. Use of Tax Revenue for Job-Related Skills Training by Certain Corporations - Sec. 501.163. USE OF TAX REVENUE FOR JOB-RELATED SKILLS TRAINING...

Subchapter E. Corporate Powers and Limitations Relating to Bonds

Section 501.201. Authority to Issue Bonds - Sec. 501.201. AUTHORITY TO ISSUE BONDS. (a) A corporation may...

Section 501.202. Terms - Sec. 501.202. TERMS. Bonds issued by a corporation must be...

Section 501.203. Securities Commissioner Permit to Sell Securities Required - Sec. 501.203. SECURITIES COMMISSIONER PERMIT TO SELL SECURITIES REQUIRED. A...

Section 501.204. Authorizing Unit's Approval of Bonds - Sec. 501.204. AUTHORIZING UNIT'S APPROVAL OF BONDS. (a) A corporation...

Section 501.205. Bond Counsel and Financial Advisors - Sec. 501.205. BOND COUNSEL AND FINANCIAL ADVISORS. Bond counsel and...

Section 501.206. Money Used to Pay Bonds - Sec. 501.206. MONEY USED TO PAY BONDS. The principal of...

Section 501.207. Bonds Not Debt of State or Authorizing Unit - Sec. 501.207. BONDS NOT DEBT OF STATE OR AUTHORIZING UNIT....

Section 501.208. Bond Security; Default - Sec. 501.208. BOND SECURITY; DEFAULT. (a) The principal of and...

Section 501.209. Trust Agreement - Sec. 501.209. TRUST AGREEMENT. (a) Bonds issued under this subtitle...

Section 501.210. Financial Assurance or Responsibility Requirements for Certain Projects - Sec. 501.210. FINANCIAL ASSURANCE OR RESPONSIBILITY REQUIREMENTS FOR CERTAIN PROJECTS....

Section 501.211. Use of Bond Proceeds - Sec. 501.211. USE OF BOND PROCEEDS. (a) The proceeds of...

Section 501.212. Interim Bonds - Sec. 501.212. INTERIM BONDS. (a) Before the preparation of definitive...

Section 501.213. Refunding Bonds - Sec. 501.213. REFUNDING BONDS. (a) A corporation may provide by...

Section 501.214. Sale or Exchange of Bonds - Sec. 501.214. SALE OR EXCHANGE OF BONDS. With respect to...

Subchapter F. Administration by Economic Development Office

Section 501.251. State Standards for Project Eligibility - Sec. 501.251. STATE STANDARDS FOR PROJECT ELIGIBILITY. The economic development...

Section 501.252. State Standards and Guidelines for Lease, Sale, or Loan Agreements - Sec. 501.252. STATE STANDARDS AND GUIDELINES FOR LEASE, SALE, OR...

Section 501.253. Rules for Small Business Programs - Sec. 501.253. RULES FOR SMALL BUSINESS PROGRAMS. The economic development...

Section 501.254. Filing of Rules and Guidelines With Secretary of State - Sec. 501.254. FILING OF RULES AND GUIDELINES WITH SECRETARY OF...

Section 501.255. Approval of Lease, Sale, or Loan Agreement - Sec. 501.255. APPROVAL OF LEASE, SALE, OR LOAN AGREEMENT. (a)...

Section 501.256. Approval of Bonds by Economic Development Office - Sec. 501.256. APPROVAL OF BONDS BY ECONOMIC DEVELOPMENT OFFICE. (a)...

Section 501.257. Filing of Fee Schedule and Bond Procedures - Sec. 501.257. FILING OF FEE SCHEDULE AND BOND PROCEDURES. The...

Section 501.258. Delegation of Authority - Sec. 501.258. DELEGATION OF AUTHORITY. The economic development office may...

Subchapter G. Amendment or Restatement Of

Section 501.301. Amendment by Board of Directors - Sec. 501.301. AMENDMENT BY BOARD OF DIRECTORS. (a) The board...

Section 501.302. Amendment by Unit - Sec. 501.302. AMENDMENT BY UNIT. The governing body of the...

Section 501.303. Amendment to County Alliance Corporation's Certificate of Formation - Sec. 501.303. AMENDMENT TO COUNTY ALLIANCE CORPORATION'S CERTIFICATE OF FORMATION....

Section 501.304. Contents of Certificate of Amendment - Sec. 501.304. CONTENTS OF CERTIFICATE OF AMENDMENT. The certificate of...

Section 501.305. Execution and Verification of Certificate of Amendment - Sec. 501.305. EXECUTION AND VERIFICATION OF CERTIFICATE OF AMENDMENT. (a)...

Section 501.306. Delivery and Filing of Certificate of Amendment - Sec. 501.306. DELIVERY AND FILING OF CERTIFICATE OF AMENDMENT. (a)...

Section 501.307. Suits or Rights Not Affected - Sec. 501.307. SUITS OR RIGHTS NOT AFFECTED. (a) An amendment...

Section 501.308. Restated Certificate of Formation - Sec. 501.308. RESTATED CERTIFICATE OF FORMATION. A corporation may authorize,...

Section 501.310. Restatement With Additional Amendment - Sec. 501.310. RESTATEMENT WITH ADDITIONAL AMENDMENT. (a) A corporation may:...

Section 501.311. Change in Certain Information Not Amendment - Sec. 501.311. CHANGE IN CERTAIN INFORMATION NOT AMENDMENT. For purposes...

Section 501.312. Execution and Verification of Restated Certificate of Formation - Sec. 501.312. EXECUTION AND VERIFICATION OF RESTATED CERTIFICATE OF FORMATION....

Section 501.313. Delivery and Filing of Restated Certificate of Formation - Sec. 501.313. DELIVERY AND FILING OF RESTATED CERTIFICATE OF FORMATION....

Section 501.314. Effect of Issuance of Certificate Evidencing Filing of Restated Certificate of Formation - Sec. 501.314. EFFECT OF ISSUANCE OF CERTIFICATE EVIDENCING FILING OF...

Subchapter H. Registered Office and Agent; Service of Process

Section 501.351. Registered Office and Agent - Sec. 501.351. REGISTERED OFFICE AND AGENT. (a) A corporation shall...

Section 501.352. Change of Registered Office or Agent - Sec. 501.352. CHANGE OF REGISTERED OFFICE OR AGENT. (a) A...

Section 501.353. Resignation of Registered Agent - Sec. 501.353. RESIGNATION OF REGISTERED AGENT. (a) A corporation's registered...

Section 501.354. Agents for Service - Sec. 501.354. AGENTS FOR SERVICE. (a) The president, each vice...

Subchapter I. Alteration or Termination of Corporation

Section 501.401. Alteration or Termination by Authorizing Unit - Sec. 501.401. ALTERATION OR TERMINATION BY AUTHORIZING UNIT. (a) At...

Section 501.402. Termination of Corporation on Completion of Purpose - Sec. 501.402. TERMINATION OF CORPORATION ON COMPLETION OF PURPOSE. The...

Section 501.403. Execution of Certificate of Termination - Sec. 501.403. EXECUTION OF CERTIFICATE OF TERMINATION. A certificate of...

Section 501.404. Delivery and Filing of Certificate of Termination - Sec. 501.404. DELIVERY AND FILING OF CERTIFICATE OF TERMINATION. (a)...

Section 501.405. Effect of Issuance of Certificate Evidencing Filing of Certificate of Termination - Sec. 501.405. EFFECT OF ISSUANCE OF CERTIFICATE EVIDENCING FILING OF...

Section 501.406. Assets on Termination - Sec. 501.406. ASSETS ON TERMINATION. On termination the title to...

Section 501.407. Termination With Transfer of Assets to Type a Corporation - Sec. 501.407. TERMINATION WITH TRANSFER OF ASSETS TO TYPE A...

Subchapter J. Hurricane Ike Disaster Relief

Section 501.451. Applicability - Sec. 501.451. APPLICABILITY. This subchapter applies only to a corporation...

Section 501.452. Projects Related to Hurricane Ike Disaster Area - Sec. 501.452. PROJECTS RELATED TO HURRICANE IKE DISASTER AREA. For...

Section 501.453. Projects Not Administered by Economic Development Office - Sec. 501.453. PROJECTS NOT ADMINISTERED BY ECONOMIC DEVELOPMENT OFFICE. A...

Chapter 502 - Provisions Applicable to Type a and Type B Corporations

Subchapter A. General Provisions

Section 502.001. Applicability of Chapter - Sec. 502.001. APPLICABILITY OF CHAPTER. This chapter applies only to...

Subchapter B. Corporate Powers and Limitations

Section 502.051. Written Contract Required for Business Recruitment or Development - Sec. 502.051. WRITTEN CONTRACT REQUIRED FOR BUSINESS RECRUITMENT OR DEVELOPMENT....

Section 502.052. Use of Tax Revenue for Mass Transit-Related Facilities - Sec. 502.052. USE OF TAX REVENUE FOR MASS TRANSIT-RELATED FACILITIES....

Subchapter C. Training Requirements

Section 502.101. Training Regarding Operation of Corporation - Sec. 502.101. TRAINING REGARDING OPERATION OF CORPORATION. (a) At least...

Section 502.102. Provision of Training Seminar - Sec. 502.102. PROVISION OF TRAINING SEMINAR. (a) A training seminar...

Section 502.103. Proof of Compliance - Sec. 502.103. PROOF OF COMPLIANCE. (a) A person providing a...

Subchapter D. Reporting Requirements

Section 502.151. Report to Comptroller - Sec. 502.151. REPORT TO COMPTROLLER. (a) Not later than April...

Section 502.152. Notice of Failure to Report - Sec. 502.152. NOTICE OF FAILURE TO REPORT. (a) If a...

Section 502.153. Report to Legislature - Sec. 502.153. REPORT TO LEGISLATURE. Not later than November 1...

Chapter 504 - Type a Corporations

Subchapter A. General Provisions

Section 504.001. Definition - Sec. 504.001. DEFINITION. In this chapter, "authorizing municipality" means the...

Section 504.002. Applicability of Chapter - Sec. 504.002. APPLICABILITY OF CHAPTER. This chapter applies only to...

Section 504.003. Authority to Create Corporation - Sec. 504.003. AUTHORITY TO CREATE CORPORATION. (a) A municipality may...

Section 504.004. Contents of Certificate of Formation - Sec. 504.004. CONTENTS OF CERTIFICATE OF FORMATION. The certificate of...

Section 504.005. Corporation Not Subject to Certain Provisions - Sec. 504.005. CORPORATION NOT SUBJECT TO CERTAIN PROVISIONS. Sections 501.203,...

Subchapter B. Governance of Corporation

Section 504.051. Board of Directors - Sec. 504.051. BOARD OF DIRECTORS. (a) The board of directors...

Section 504.052. Officers - Sec. 504.052. OFFICERS. The board of directors of a Type...

Section 504.053. Quorum - Sec. 504.053. QUORUM. A majority of the entire membership of...

Section 504.054. Location of Board Meetings - Sec. 504.054. LOCATION OF BOARD MEETINGS. (a) Except as provided...

Section 504.055. Restrictions on Registered Agent and Office - Sec. 504.055. RESTRICTIONS ON REGISTERED AGENT AND OFFICE. (a) The...

Subchapter C. General Powers and Duties

Section 504.101. Applicability of Other Law; Conflicts - Sec. 504.101. APPLICABILITY OF OTHER LAW; CONFLICTS. A Type A...

Section 504.102. Contract With Other Private Corporation - Sec. 504.102. CONTRACT WITH OTHER PRIVATE CORPORATION. A Type A...

Section 504.103. Limitation on Primary Purpose of Project; Exceptions - Sec. 504.103. LIMITATION ON PRIMARY PURPOSE OF PROJECT; EXCEPTIONS. (a)...

Section 504.104. Assumption or Payment of Preexisting Debt Prohibited - Sec. 504.104. ASSUMPTION OR PAYMENT OF PREEXISTING DEBT PROHIBITED. A...

Section 504.105. Limitation on Use of Revenues for Promotional Purpose - Sec. 504.105. LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE....

Section 504.106. Eminent Domain - Sec. 504.106. EMINENT DOMAIN. A Type A corporation may not...

Section 504.107. Liability - Sec. 504.107. LIABILITY. (a) The following are not liable for...

Subchapter D. Authorization for Additional Projects

Section 504.151. Definitions - Sec. 504.151. DEFINITIONS. In this subchapter: (1) "Related infrastructure" has...

Section 504.152. Election to Authorize Projects Applicable to Type B Corporations - Sec. 504.152. ELECTION TO AUTHORIZE PROJECTS APPLICABLE TO TYPE B...

Section 504.153. Public Hearing Preceding Election - Sec. 504.153. PUBLIC HEARING PRECEDING ELECTION. Before an election may...

Section 504.154. Limitation on Subsequent Election - Sec. 504.154. LIMITATION ON SUBSEQUENT ELECTION. If a majority of...

Section 504.155. Subsequent Approval of Additional Projects - Sec. 504.155. SUBSEQUENT APPROVAL OF ADDITIONAL PROJECTS. Prior approval of...

Section 504.156. Applicability of Chapter to Additional Project - Sec. 504.156. APPLICABILITY OF CHAPTER TO ADDITIONAL PROJECT. A project...

Section 504.171. Authority of Certain Corporations to Undertake Type B Projects - Sec. 504.171. AUTHORITY OF CERTAIN CORPORATIONS TO UNDERTAKE TYPE B...

Subchapter E. Investment Agreements

Section 504.201. Definitions - Sec. 504.201. DEFINITIONS. In this subchapter: (1) "Base taxable value"...

Section 504.202. Agreement to Invest in Extraterritorial Project - Sec. 504.202. AGREEMENT TO INVEST IN EXTRATERRITORIAL PROJECT. (a) A...

Section 504.203. Required Agreement With Corresponding Taxing Unit - Sec. 504.203. REQUIRED AGREEMENT WITH CORRESPONDING TAXING UNIT. A Type...

Section 504.204. Effect on Authority Under Other Law - Sec. 504.204. EFFECT ON AUTHORITY UNDER OTHER LAW. (a) This...

Subchapter F. Sales and Use Tax

Section 504.251. Tax Authorized - Sec. 504.251. TAX AUTHORIZED. The authorizing municipality may adopt a...

Section 504.252. Sales Tax - Sec. 504.252. SALES TAX. (a) If the authorizing municipality adopts...

Section 504.253. Use Tax - Sec. 504.253. USE TAX. (a) If the authorizing municipality adopts...

Section 504.254. Combined Tax Rate - Sec. 504.254. COMBINED TAX RATE. (a) An authorizing municipality may...

Section 504.255. Applicability of Tax Code - Sec. 504.255. APPLICABILITY OF TAX CODE. (a) Chapter 321, Tax...

Section 504.256. Ballot - Sec. 504.256. BALLOT. In an election to adopt the sales...

Section 504.257. Limitation on Duration of Tax - Sec. 504.257. LIMITATION ON DURATION OF TAX. (a) At an...

Section 504.258. Election to Reduce or Increase Tax Rate - Sec. 504.258. ELECTION TO REDUCE OR INCREASE TAX RATE. (a)...

Section 504.259. Reduction of Tax Within Regional Transportation Authority - Sec. 504.259. REDUCTION OF TAX WITHIN REGIONAL TRANSPORTATION AUTHORITY. Notwithstanding...

Section 504.260. Limited Sales and Use Tax for Specific Project - Sec. 504.260. LIMITED SALES AND USE TAX FOR SPECIFIC PROJECT....

Section 504.261. Concurrent Election With Election Under Tax Code - Sec. 504.261. CONCURRENT ELECTION WITH ELECTION UNDER TAX CODE. (a)...

Section 504.262. Procedures on Expiration of Tax - Sec. 504.262. PROCEDURES ON EXPIRATION OF TAX. (a) Before the...

Subchapter G. Use of Tax Proceeds

Section 504.301. Delivery and General Use of Tax Proceeds - Sec. 504.301. DELIVERY AND GENERAL USE OF TAX PROCEEDS. On...

Section 504.302. Payment of Maintenance and Operating Costs; Election - Sec. 504.302. PAYMENT OF MAINTENANCE AND OPERATING COSTS; ELECTION. (a)...

Section 504.303. Payment of Bonds - Sec. 504.303. PAYMENT OF BONDS. The proceeds of the sales...

Section 504.304. Payment for Cleanup of Contaminated Property; Election - Sec. 504.304. PAYMENT FOR CLEANUP OF CONTAMINATED PROPERTY; ELECTION. (a)...

Section 504.305. Payment for Job Training - Sec. 504.305. PAYMENT FOR JOB TRAINING. The proceeds of the...

Subchapter H. Termination of Corporation

Section 504.351. Election to Terminate Existence of Corporation on Petition - Sec. 504.351. ELECTION TO TERMINATE EXISTENCE OF CORPORATION ON PETITION....

Section 504.352. Ballot - Sec. 504.352. BALLOT. The ballot for an election held under...

Section 504.353. Termination of Existence of Corporation - Sec. 504.353. TERMINATION OF EXISTENCE OF CORPORATION. (a) If a...

Chapter 505 - Type B Corporations

Subchapter A. General Provisions

Section 505.001. Definition - Sec. 505.001. DEFINITION. In this chapter, "authorizing municipality" means the...

Section 505.002. Applicability of Chapter - Sec. 505.002. APPLICABILITY OF CHAPTER. This chapter applies only to:...

Section 505.003. Authority to Create Corporation - Sec. 505.003. AUTHORITY TO CREATE CORPORATION. (a) A municipality may...

Section 505.004. Contents of Certificate of Formation - Sec. 505.004. CONTENTS OF CERTIFICATE OF FORMATION. The certificate of...

Section 505.005. Corporation Not Subject to Certain Provisions - Sec. 505.005. CORPORATION NOT SUBJECT TO CERTAIN PROVISIONS. Sections 501.203,...

Subchapter B. Governance of Corporation

Section 505.051. Board of Directors - Sec. 505.051. BOARD OF DIRECTORS. (a) The board of directors...

Section 505.052. Restriction on Board Membership - Sec. 505.052. RESTRICTION ON BOARD MEMBERSHIP. (a) Each director of...

Section 505.053. Officers - Sec. 505.053. OFFICERS. The board of directors of a Type...

Section 505.054. Quorum - Sec. 505.054. QUORUM. A majority of the entire membership of...

Section 505.055. Location of Board Meetings - Sec. 505.055. LOCATION OF BOARD MEETINGS. (a) Except as provided...

Section 505.056. Restrictions on Registered Agent and Office - Sec. 505.056. RESTRICTIONS ON REGISTERED AGENT AND OFFICE. (a) The...

Subchapter C. Powers and Duties

Section 505.101. Applicability of Other Law; Conflicts - Sec. 505.101. APPLICABILITY OF OTHER LAW; CONFLICTS. A Type B...

Section 505.102. Contract With Other Private Corporation - Sec. 505.102. CONTRACT WITH OTHER PRIVATE CORPORATION. A Type B...

Section 505.103. Limitation on Use of Revenues for Promotional Purposes - Sec. 505.103. LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSES....

Section 505.104. Bond Repayment - Sec. 505.104. BOND REPAYMENT. (a) Bonds or other obligations that...

Section 505.1041. Appraisal Required Before Purchase of Property With Bond Proceeds - Sec. 505.1041. APPRAISAL REQUIRED BEFORE PURCHASE OF PROPERTY WITH BOND...

Section 505.105. Eminent Domain - Sec. 505.105. EMINENT DOMAIN. A Type B corporation may exercise...

Section 505.106. Liability - Sec. 505.106. LIABILITY. (a) The following are not liable for...

Subchapter D. Authorized Projects

Section 505.151. Authorized Projects - Sec. 505.151. AUTHORIZED PROJECTS. In this chapter, "project" means land,...

Section 505.152. Projects Related to Recreational or Community Facilities - Sec. 505.152. PROJECTS RELATED TO RECREATIONAL OR COMMUNITY FACILITIES. For...

Section 505.153. Projects Related to Affordable Housing - Sec. 505.153. PROJECTS RELATED TO AFFORDABLE HOUSING. For purposes of...

Section 505.154. Projects Related to Water Supply Facilities and Water Conservation Programs - Sec. 505.154. PROJECTS RELATED TO WATER SUPPLY FACILITIES AND WATER...

Section 505.155. Projects Related to Business Enterprises That Create or Retain Primary Jobs - Sec. 505.155. PROJECTS RELATED TO BUSINESS ENTERPRISES THAT CREATE OR...

Section 505.156. Projects Related to Business Enterprises in Certain Municipalities - Sec. 505.156. PROJECTS RELATED TO BUSINESS ENTERPRISES IN CERTAIN MUNICIPALITIES....

Section 505.1561. Projects Related to Airport Facilities in Certain Municipalities - Sec. 505.1561. PROJECTS RELATED TO AIRPORT FACILITIES IN CERTAIN MUNICIPALITIES....

Section 505.157. Projects Related to Business Enterprises in Landlocked Communities - Sec. 505.157. PROJECTS RELATED TO BUSINESS ENTERPRISES IN LANDLOCKED COMMUNITIES....

Section 505.158. Projects Related to Business Development in Certain Small Municipalities - Sec. 505.158. PROJECTS RELATED TO BUSINESS DEVELOPMENT IN CERTAIN SMALL...

Section 505.159. Hearing Required to Undertake Project - Sec. 505.159. HEARING REQUIRED TO UNDERTAKE PROJECT. (a) Except as...

Section 505.160. Election Required for Project; Petition - Sec. 505.160. ELECTION REQUIRED FOR PROJECT; PETITION. (a) A Type...

Section 505.161. Public Purpose Designation; Exemption From Taxation - Sec. 505.161. PUBLIC PURPOSE DESIGNATION; EXEMPTION FROM TAXATION. (a) The...

Subchapter E. Sports Venue Projects and Related Infrastructure

Section 505.201. Definitions - Sec. 505.201. DEFINITIONS. In this subchapter: (1) "Related infrastructure" has...

Section 505.202. Election: Use of Tax Proceeds for Sports Venue Projects - Sec. 505.202. ELECTION: USE OF TAX PROCEEDS FOR SPORTS VENUE...

Section 505.203. Public Hearing Preceding Election - Sec. 505.203. PUBLIC HEARING PRECEDING ELECTION. Before an election may...

Section 505.204. Limitation on Subsequent Election - Sec. 505.204. LIMITATION ON SUBSEQUENT ELECTION. If a majority of...

Section 505.205. Subsequent Approval of Additional Projects - Sec. 505.205. SUBSEQUENT APPROVAL OF ADDITIONAL PROJECTS. Prior approval of...

Section 505.206. Effect of Subchapter on Election Authority - Sec. 505.206. EFFECT OF SUBCHAPTER ON ELECTION AUTHORITY. This subchapter...

Subchapter F. Sales and Use Tax

Section 505.251. Tax Authorized - Sec. 505.251. TAX AUTHORIZED. The governing body of the authorizing...

Section 505.252. Sales Tax - Sec. 505.252. SALES TAX. (a) If the authorizing municipality adopts...

Section 505.253. Use Tax - Sec. 505.253. USE TAX. (a) If the authorizing municipality adopts...

Section 505.254. Specification of Tax Rate on Ballot - Sec. 505.254. SPECIFICATION OF TAX RATE ON BALLOT. In an...

Section 505.255. Adoption of Tax at Election to Reduce or Abolish Tax for Type a Corporation - Sec. 505.255. ADOPTION OF TAX AT ELECTION TO REDUCE OR...

Section 505.256. Applicability of Tax Code - Sec. 505.256. APPLICABILITY OF TAX CODE. (a) Chapter 321, Tax...

Section 505.2565. Limitation on Duration of Tax - Sec. 505.2565. LIMITATION ON DURATION OF TAX. (a) At an...

Section 505.2566. Election to Reduce or Increase Tax Rate - Sec. 505.2566. ELECTION TO REDUCE OR INCREASE TAX RATE. (a)...

Section 505.257. Reduction of Tax Within Regional Transportation Authority - Sec. 505.257. REDUCTION OF TAX WITHIN REGIONAL TRANSPORTATION AUTHORITY. Notwithstanding...

Section 505.2575. Limited Sales and Use Tax for Specific Project - Sec. 505.2575. LIMITED SALES AND USE TAX FOR SPECIFIC PROJECT....

Section 505.258. Cessation of Collection of Taxes - Sec. 505.258. CESSATION OF COLLECTION OF TAXES. A sales and...

Section 505.259. Election Requirement for Certain Municipalities - Sec. 505.259. ELECTION REQUIREMENT FOR CERTAIN MUNICIPALITIES. For a tax...

Subchapter G. Use of Tax Proceeds

Section 505.301. Delivery of Tax Proceeds - Sec. 505.301. DELIVERY OF TAX PROCEEDS. On the authorizing municipality's...

Section 505.302. Payment of Project Costs, Bonds, or Other Obligations - Sec. 505.302. PAYMENT OF PROJECT COSTS, BONDS, OR OTHER OBLIGATIONS....

Section 505.303. Payment of Maintenance and Operating Costs; Election - Sec. 505.303. PAYMENT OF MAINTENANCE AND OPERATING COSTS; ELECTION. (a)...

Section 505.304. Payment for Certain Water-Related Projects: Election Required - Sec. 505.304. PAYMENT FOR CERTAIN WATER-RELATED PROJECTS: ELECTION REQUIRED. (a)...

Section 505.305. Payment for Cleanup of Contaminated Property; Election - Sec. 505.305. PAYMENT FOR CLEANUP OF CONTAMINATED PROPERTY; ELECTION. (a)...

Subchapter H. Termination of Corporation

Section 505.351. Applicability of Subchapter - Sec. 505.351. APPLICABILITY OF SUBCHAPTER. This subchapter applies only to...

Section 505.352. Election to Terminate Existence of Corporation on Petition - Sec. 505.352. ELECTION TO TERMINATE EXISTENCE OF CORPORATION ON PETITION....

Section 505.353. Ballot - Sec. 505.353. BALLOT. The ballot for an election held under...

Section 505.354. Termination of Existence of Corporation - Sec. 505.354. TERMINATION OF EXISTENCE OF CORPORATION. (a) If a...

Section 505.355. Election Rejecting Termination - Sec. 505.355. ELECTION REJECTING TERMINATION. If less than a majority...

Chapter 506 - County Alliance Corporations

Subchapter A. General Provisions

Section 506.001. Definition - Sec. 506.001. DEFINITION. In this chapter, "county alliance corporation" means...

Section 506.002. Creation of County Alliance; Authority to Create Corporation - Sec. 506.002. CREATION OF COUNTY ALLIANCE; AUTHORITY TO CREATE CORPORATION....

Section 506.003. Status of County Alliance as Single Unit - Sec. 506.003. STATUS OF COUNTY ALLIANCE AS SINGLE UNIT. For...

Section 506.004. Applicability of Subtitle - Sec. 506.004. APPLICABILITY OF SUBTITLE. The provisions of this subtitle...

Subchapter B. Governance of Corporation

Section 506.051. Appointment of Directors; Term - Sec. 506.051. APPOINTMENT OF DIRECTORS; TERM. (a) The board of...

Section 506.052. No Compensation; Reimbursement for Expenses - Sec. 506.052. NO COMPENSATION; REIMBURSEMENT FOR EXPENSES. A director serves...

Section 506.053. Removal of Director - Sec. 506.053. REMOVAL OF DIRECTOR. A director is subject to...

Subchapter C. Membership in County Alliance

Section 506.101. Membership in Established County Alliance - Sec. 506.101. MEMBERSHIP IN ESTABLISHED COUNTY ALLIANCE. A county may...

Section 506.102. Withdrawal From County Alliance - Sec. 506.102. WITHDRAWAL FROM COUNTY ALLIANCE. (a) A county may...

Subchapter D. Financial Provisions

Section 506.151. Distribution of Net Earnings - Sec. 506.151. DISTRIBUTION OF NET EARNINGS. If the board of...

Subchapter E. Termination of Corporation

Section 506.201. Effect of Withdrawal of County - Sec. 506.201. EFFECT OF WITHDRAWAL OF COUNTY. A county alliance...

Section 506.202. Distribution of Assets - Sec. 506.202. DISTRIBUTION OF ASSETS. (a) Subject to Subsection (b),...

Chapter 507 - Spaceport Development Corporations

Subchapter A. General Provisions

Section 507.001. Definitions - Sec. 507.001. DEFINITIONS. In this chapter: (1) "Authorizing entity" means...

Section 507.002. Scope of Project - Sec. 507.002. SCOPE OF PROJECT. For purposes of a spaceport...

Section 507.003. Authority to Create Corporation by Eligible Entities - Sec. 507.003. AUTHORITY TO CREATE CORPORATION BY ELIGIBLE ENTITIES. The...

Section 507.004. Contents of Certificate of Formation - Sec. 507.004. CONTENTS OF CERTIFICATE OF FORMATION. The certificate of...

Section 507.005. Corporation Not Subject to Certain Provisions - Sec. 507.005. CORPORATION NOT SUBJECT TO CERTAIN PROVISIONS. Sections 501.203,...

Section 507.006. Conflicts of Law - Sec. 507.006. CONFLICTS OF LAW. To the extent of any...

Subchapter B. Governance of Corporation

Section 507.051. Board of Directors - Sec. 507.051. BOARD OF DIRECTORS. (a) A spaceport development corporation...

Section 507.052. Officers - Sec. 507.052. OFFICERS. (a) The board of directors of a...

Section 507.053. Meetings - Sec. 507.053. MEETINGS. The board of directors of a spaceport...

Subchapter C. Powers and Duties

Section 507.101. General Powers and Limitations of Corporation - Sec. 507.101. GENERAL POWERS AND LIMITATIONS OF CORPORATION. A spaceport...

Section 507.102. Acquisition, Mortgage, or Disposal of Property - Sec. 507.102. ACQUISITION, MORTGAGE, OR DISPOSAL OF PROPERTY. (a) A...

Section 507.103. Eminent Domain - Sec. 507.103. EMINENT DOMAIN. (a) This section does not apply...

Section 507.104. Contracts - Sec. 507.104. CONTRACTS. (a) Except as provided by Subsection (b),...

Section 507.105. General Powers Related to Finances - Sec. 507.105. GENERAL POWERS RELATED TO FINANCES. A spaceport development...

Section 507.106. Donations, Grants, and Loans - Sec. 507.106. DONATIONS, GRANTS, AND LOANS. A spaceport development corporation...

Section 507.107. Authority to Sue and Be Sued - Sec. 507.107. AUTHORITY TO SUE AND BE SUED. A spaceport...

Section 507.108. Higher Education Courses and Degree Programs - Sec. 507.108. HIGHER EDUCATION COURSES AND DEGREE PROGRAMS. (a) The...

Subchapter D. Bonds

Section 507.151. Authority to Issue Bonds; Approval - Sec. 507.151. AUTHORITY TO ISSUE BONDS; APPROVAL. (a) A spaceport...

Section 507.152. Bonds Not Obligation of Certain Entities - Sec. 507.152. BONDS NOT OBLIGATION OF CERTAIN ENTITIES. Bonds issued...

Section 507.153. Bond Requirements - Sec. 507.153. BOND REQUIREMENTS. Bonds issued under this chapter must:...

Subchapter E. Taxes

Section 507.201. Exemption From Certain Taxes - Sec. 507.201. EXEMPTION FROM CERTAIN TAXES. (a) The property, income,...

Section 507.202. Payment in Lieu of Ad Valorem Taxes - Sec. 507.202. PAYMENT IN LIEU OF AD VALOREM TAXES. In...

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Texas Statutes Title 12 - Planning and Development Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government

Texas Statutes
Title 12 - Planning and Development
Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government