Texas Special District Local Laws Code 3847.101 – Exercise of Powers of Development Corporation
Current as of: 2024 | Check for updates
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Terms Used In Texas Special District Local Laws Code 3847.101
- 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 district may exercise the powers of a corporation created under Chapter 505, Local Government Code.