Tex. Loc. Gov't Code § 505.102 · Subchapter C. POWERS AND DUTIES

CONTRACT WITH OTHER PRIVATE CORPORATION.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

A Type B corporation may contract with another private corporation to:

(1) carry out an industrial development program or objective; or

(2) assist with the development or operation of an economic development program or objective consistent with the purposes and duties specified by this subtitle.

Notes and commentary — not statutory text

History

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, 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/LG/htm/LG.505.htm
Text hash: sha256 41764ed7adf95897bc8f1e3417c7f119e3e6df1f3d3d38a3eac291e04708bdc8
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.