§ 3868.051 Governing Body; Terms
§ 3868.052 Qualifications of Appointed Director
§ 3868.053 Complete Discretion of Town Regarding Appointment of Director
§ 3868.054 Vacancy
§ 3868.055 Director’s Oath or Affirmation
§ 3868.056 Officers
§ 3868.057 Compensation; Expenses
§ 3868.058 Liability Insurance

Terms Used In Texas Special District Local Laws Code Chapter 3868 > Subchapter B - Board of Directors

  • 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.
  • Oath: includes affirmation. See Texas Government Code 311.005
  • Oath: A promise to tell the truth.
  • 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
  • Year: means 12 consecutive months. See Texas Government Code 311.005