Tex. Gov't Code § 489.106 · Subchapter B. CREATION AND OPERATION OF BANK; TEXAS ECONOMIC DEVELOPMENT BANK FUND
ADMINISTRATION OF FUND AND CHAPTER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The office shall administer the fund. In administering the fund and this chapter, the office has the powers necessary to carry out the purposes of this chapter, including the power to:
(1) make, execute, and deliver contracts, conveyances, and other instruments;
(2) impose and collect fees and charges in connection with any transaction and provide for reasonable penalties for delinquent payments or performance; and
(3) issue bonds for economic development projects as that term is defined by Section 501.101, Local Government Code, or Section 505.151, 505.152, 505.153, 505.154, 505.155, or 505.156, Local Government Code.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 814, Sec. 2.01, eff. Sept. 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.08, 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.489.htm
- Text hash
- sha256 474f00d1dc2a5aece30bf17028caa6308ba11ccfd8e86e871ab7d61e5b0b0531
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Local Government Code
- Tex. Loc. Gov't Code § 501.101PROJECTS RELATED TO CREATION OR RETENTION OF PRIMARY JOBS.Printed as Section 501.101, Local Government Code
- Tex. Loc. Gov't Code § 505.151AUTHORIZED PROJECTS.Printed as Section 505.151, 505.152, 505.153, 505.154, 505.155, or 505.156, Local Government Code
- Tex. Loc. Gov't Code § 505.152PROJECTS RELATED TO RECREATIONAL OR COMMUNITY FACILITIES.Printed as Section 505.151, 505.152, 505.153, 505.154, 505.155, or 505.156, Local Government Code
- Tex. Loc. Gov't Code § 505.153PROJECTS RELATED TO AFFORDABLE HOUSING.Printed as Section 505.151, 505.152, 505.153, 505.154, 505.155, or 505.156, Local Government Code
- Tex. Loc. Gov't Code § 505.154PROJECTS RELATED TO WATER SUPPLY FACILITIES AND WATER CONSERVATION PROGRAMS.Printed as Section 505.151, 505.152, 505.153, 505.154, 505.155, or 505.156, Local Government Code
- Tex. Loc. Gov't Code § 505.155PROJECTS RELATED TO BUSINESS ENTERPRISES THAT CREATE OR RETAIN PRIMARY JOBS.Printed as Section 505.151, 505.152, 505.153, 505.154, 505.155, or 505.156, Local Government Code
- Tex. Loc. Gov't Code § 505.156PROJECTS RELATED TO BUSINESS ENTERPRISES IN CERTAIN MUNICIPALITIES.Printed as Section 505.151, 505.152, 505.153, 505.154, 505.155, or 505.156, Local Government Code
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.