Tex. Gov't Code § 1232.067 · Subchapter B. TEXAS PUBLIC FINANCE AUTHORITY
GENERAL POWERS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board may:
(1) exercise, to the extent practicable, all powers given to a corporation under the general laws of the state;
(2) have perpetual succession by its corporate name;
(3) sue and be sued in its corporate name;
(4) adopt a seal for use as the board considers appropriate;
(5) accept gifts; and
(6) adopt rules and perform all functions reasonably necessary for the board to administer its functions prescribed by this chapter.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1232.htm
- Text hash
- sha256 099d199b74416d3fbf0e8a6131821bf98200cdfc8afcda16adf42a51cc72e9ad
- 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.