Texas Local Government Code Chapter 502 > Subchapter B – Corporate Powers and Limitations
Current as of: 2024 | Check for updates
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Other versions
| § 502.051 | Written Contract Required for Business Recruitment or Development |
| § 502.052 | Use of Tax Revenue for Mass Transit-Related Facilities |
Terms Used In Texas Local Government Code Chapter 502 > Subchapter B - Corporate Powers and Limitations
- 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.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005