Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 2. CORPORATIONS |
Chapter 23. SPECIAL-PURPOSE CORPORATIONS |
Subchapter B. BUSINESS DEVELOPMENT CORPORATIONS |
Sec. 23.055. STATEWIDE OPERATION
Latest version.
-
A corporation organized under this subchapter is a state development company as defined by Section 103, Small Business Investment Act of 1958 (15 U.S.C. Section 662), as amended, or similar federal legislation, and may operate on a statewide basis.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.