§ 152.051 Creation of Nonprofit Corporation
§ 152.052 Powers of Nonprofit Corporation
§ 152.053 Board of Directors
§ 152.054 Supervision by Board of Directors of River Authority
§ 152.055 Liability of Corporate Property for Taxes and Special Assessments
§ 152.056 Transfer of River Authority Assets to Corporation
§ 152.057 Application of Other Law to River Authority
§ 152.058 Guarantee and Other Credit Support Relating to Public Securities and Other Obligations

Terms Used In Texas Water Code Chapter 152 > Subchapter B - Nonprofit Corporation Acting On Behalf of River Authority

  • 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.
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • 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
  • Month: means a calendar month. See Texas Government Code 312.011
  • 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.
  • Property: means real and personal property. See Texas Government Code 311.005
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005