Texas Special District Local Laws Code § 3860.102 Development Corporation And Housing Corporation Powers Of District

Sec. 3860.102. DEVELOPMENT CORPORATION AND HOUSING CORPORATION POWERS OF DISTRICT. The district may exercise the powers given to:

(1) a corporation under Chapter 505, Local Government Code, including the power to own, operate, acquire, construct, lease, improve, and maintain the projects described by that chapter; and

(2) a housing finance corporation under Chapter 394, Local Government Code, to provide housing or residential development projects in the district.

Added by Acts 2007, 80th Leg., R.S., Ch. 968 (H.B. 4134), Sec. 1, eff. June 15, 2007.

Amended by:

Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 21.047, eff. September 1, 2009.

Section: Previous  3860.051  3860.052  3860.053  3860.054  3860.055  3860.056  3860.101  3860.102  3860.103  3860.104  3860.105  3860.106  3860.107  3860.108  3860.109  Next

Last modified: September 28, 2016