Texas Water Code 152.053 – Board of Directors
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(a) The board of directors of the river authority shall appoint the directors of a corporation created under Section 152.051.
(b) A member of the river authority’s board of directors may serve as a member of the corporation’s board of directors.
Terms Used In Texas Water Code 152.053
- 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.
(c) The directors of the corporation serve at the will of the river authority’s board of directors.