Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 4. EXECUTIVE BRANCH |
Subtitle F. COMMERCE AND INDUSTRIAL DEVELOPMENT |
Chapter 490. FUNDING FOR EMERGING TECHNOLOGY |
Subchapter D. INCENTIVES FOR COMMERCIALIZATION ACTIVITIES |
Sec. 490.155. GUARANTEE OF COMMERCIALIZATION OR MANUFACTURING IN TEXAS
Latest version.
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A person or entity receiving money from the fund under this subchapter must guarantee by contract that a substantial percentage of any new or expanded commercialization or manufacturing resulting from the award will be established in this state.
Added by Acts 2005, 79th Leg., Ch. 280 , Sec. 1, eff. June 14, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 852 , Sec. 13, eff. September 1, 2007.