Terms Used In Texas Special District Local Laws Code 3984.0311

  • 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.
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005

The district may negotiate and enter into a written strategic partnership agreement with a municipality under § 43.0751, Local Government Code.