§ 3903.101 General Powers and Duties
§ 3903.102 Development Corporation Powers
§ 3903.103 Nonprofit Corporation
§ 3903.104 Agreements; Grants
§ 3903.105 Law Enforcement Services
§ 3903.106 Membership in Charitable Organizations
§ 3903.107 Economic Development
§ 3903.108 Parking Facilities
§ 3903.109 No Eminent Domain Power

Terms Used In Texas Special District Local Laws Code Chapter 3903 > Subchapter C - Powers and Duties

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • 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