Texas Special District Local Laws Code 3869.101 – General Powers and Duties
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Terms Used In Texas Special District Local Laws Code 3869.101
- 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 has the duties imposed and the powers granted by this chapter and the powers provided by:
(1) the general laws relating to conservation and reclamation districts created under § 59, Article XVI, Texas Constitution, including Chapters 49 and 54, Water Code;
(2) the general laws relating to road districts and road utility districts created under § 52, Article III, Texas Constitution;
(3) Subchapter A, Chapter 372, Local Government Code, to a municipality or county;
(4) Chapter 375, Local Government Code;
(5) Chapter 505, Local Government Code, to a corporation created under that chapter; and
(6) Chapter 1371, Government Code, to an issuer, as defined by that chapter.