(a) To be qualified to serve as a director, a person must:
(1) meet the qualifications prescribed by § 375.063, Local Government Code;
(2) be a partner of a partnership that owns property in the district;
(3) be a shareholder, director, or officer of a corporation that owns property in the district;
(4) be a member, manager, or officer of a limited liability company that owns property in the district;
(5) be a member, manager, or officer of a limited liability company that is a partner of a partnership that owns property in the district; or
(6) reside in the city.
(b) § 49.052, Water Code, does not apply to the district.

Terms Used In Texas Special District Local Laws Code 3902.052

  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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
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