Texas Local Government Code 379A.052 – General Powers of Corporation
Terms Used In Texas Local Government Code 379A.052
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
The corporation may:
(1) own or operate a program authorized by this chapter;
(2) perform any act necessary to the full exercise of the corporation’s powers;
(3) accept a grant or loan from a:
(A) department or agency of the United States;
(B) department, agency, or political subdivision of this state; or
(C) public or private person;
(4) employ any necessary personnel, who shall be employees of the municipality;
(5) adopt rules to govern the operation of the corporation and its employees and property; and
(6) contract or enter into a memorandum of understanding or a similar agreement with a public or private person, including local workforce development boards or any political subdivision, in connection with a program authorized by this chapter.