Texas Government Code 2306.5552 – Technical and Financial Assistance Provided to Nonprofit Organizations
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Terms Used In Texas Government Code 2306.5552
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
The corporation shall supplement the technical and financial capacity of other appropriate nonprofit organizations to provide for the multifamily and single-family housing needs of individuals and families of low, very low, and extremely low income.