§ 4501.101 General Powers
§ 4501.102 Contract to Manage or Operate Authority Property
§ 4501.1021 Sale of Alcoholic Beverages On Authority Property
§ 4501.103 Competitive Bidding
§ 4501.104 General Property Powers
§ 4501.105 Conditional Transfer of Property
§ 4501.106 Surplus Property
§ 4501.107 Disposition of Public Parks and Recreational Lands; Exemption From Applicability of Other Law
§ 4501.108 Nonprofit Corporation
§ 4501.109 Authority to Sue and Be Sued; Immunity

Terms Used In Texas Special District Local Laws Code Chapter 4501 > 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.
  • 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
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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
  • Statute: A law passed by a legislature.