Tex. Gov't Code § 2303.510 · Subchapter G. ENTERPRISE ZONE BENEFITS
INDUSTRIAL DEVELOPMENT CORPORATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The governing body of a municipality that is the governing body of an enterprise zone may create, in accordance with the Development Corporation Act (Subtitle C1, Title 12, Local Government Code), an industrial development corporation for use by the enterprise zone.
(b) A corporation created under this section has the powers and is subject to the limitations of a corporation created under the Development Corporation Act (Subtitle C1, Title 12, Local Government Code). To the extent of a conflict between this section and that subtitle, that subtitle prevails.
(c) The articles of incorporation of a corporation created under this section must state that the corporation is governed by this section.
(d) The governing body of the municipality that creates an industrial development corporation shall appoint the board of directors of the corporation.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.13, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2303.htm
- Text hash
- sha256 134cae03b171a2848eae8e33d01448eb68e3e8a173bcc2aedda044d9d0b19126
- 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
This section cites
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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.