§ 3958.101 General Powers and Duties
§ 3958.102 Improvement Projects and Services
§ 3958.103 Development Corporation Powers
§ 3958.104 Nonprofit Corporation
§ 3958.105 Agreements; Grants
§ 3958.106 Law Enforcement Services
§ 3958.107 Membership in Charitable Organizations
§ 3958.108 Economic Development
§ 3958.109 Parking Facilities
§ 3958.110 Annexation of Land
§ 3958.111 No Eminent Domain Power

Terms Used In Texas Special District Local Laws Code Chapter 3958 > 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