§ 7201.071 Prohibited Conduct for Directors and District Employees
§ 7201.072 Eligibility of Director and General Manager
§ 7201.073 General Manager; Duties
§ 7201.074 Location of Certain Meetings
§ 7201.075 Public Access to Director Reports
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Terms Used In Texas Special District Local Laws Code Chapter 7201 > Subchapter B-1 - District Administration

  • Contract: A legal written agreement that becomes binding when signed.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. 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
  • Year: means 12 consecutive months. See Texas Government Code 311.005