Texas Local Government Code 505.157 – Projects Related to Business Enterprises in Landlocked Communities
Current as of: 2024 | Check for updates
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(a) In this section, “landlocked community” means a municipality that:
(1) is wholly or partly located in a county with a population of 2.5 million or more; and
(2) has within its municipal limits and extraterritorial jurisdiction less than 100 acres that can be used for the development of manufacturing or industrial facilities in accordance with the municipality’s zoning laws or land use restrictions.
(b) For a landlocked community that authorizes or has authorized the creation of a Type B corporation, “project” also includes expenditures found by the board of directors to be required for the promotion of new or expanded business enterprises in the landlocked community.
Terms Used In Texas Local Government Code 505.157
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
- Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005