Tex. Bus. Orgs. Code § 23.055 · Subchapter B. BUSINESS DEVELOPMENT CORPORATIONS
STATEWIDE OPERATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A corporation organized under this subchapter is a state development company as defined by Section 103, Small Business Investment Act of 1958 (15 U.S.C. Section 662), as amended, or similar federal legislation, and may operate on a statewide basis.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.23.htm
- Text hash
- sha256 dcdf8405c4bfc7d4c6b6b750d7467ed296bb73a2d8e5929d8703e6f8e3a0fa54
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.