Sec. 3846.053. QUALIFICATIONS OF DIRECTOR. (a) To be qualified to serve as a director, a person must be at least 18 years old and:
(1) a district resident;
(2) an owner of real property in the district;
(3) an owner of stock, whether beneficial or otherwise, of a corporate owner of real property in the district;
(4) an owner of a beneficial interest in a trust that owns real property in the district; or
(5) an agent, employee, or tenant of a person described by Subdivision (2), (3), or (4).
(b) For purposes of this section, a person or entity that owns an interest in a general or limited partnership owning real property in the district or that has a lease of real property in the district with a remaining term of 10 years or more, excluding options, is considered to be an owner of real property.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.03, eff. April 1, 2009.
Section: Previous 3846.002 3846.003 3846.004 3846.005 3846.006 3846.051 3846.052 3846.053 3846.054 3846.055 3846.056 3846.101 3846.102 3846.103 3846.104 NextLast modified: September 28, 2016