§ 3972.0201 Governing Body; Terms
§ 3972.0202 Qualifications of Directors
§ 3972.0203 Appointment of Directors
§ 3972.0204 Vacancy
§ 3972.0205 Officers
§ 3972.0206 Compensation; Expenses
§ 3972.0207 Liability Insurance
§ 3972.0208 No Executive Committee
§ 3972.0209 Board Meetings
§ 3972.0210 Initial Directors

Terms Used In Texas Special District Local Laws Code Chapter 3972 > Subchapter B - Board of Directors

  • 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
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Trustee: A person or institution holding and administering property in trust.
  • Year: means 12 consecutive months. See Texas Government Code 311.005