Texas Special District Local Laws Code 3905.101 – Housing Finance Corporation Powers
Current as of: 2024 | Check for updates
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(a) The district has the powers of a housing finance corporation created under Chapter 394, Local Government Code.
(b) The district may exercise the powers to provide housing or residential development projects in the district.
Terms Used In Texas Special District Local Laws Code 3905.101
- 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.