Chapter 501. PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS  


Subchapter A. GENERAL PROVISIONS
§ 501.001. SHORT TITLE
§ 501.002. DEFINITIONS
§ 501.003. WHO MAY BE USER
§ 501.004. LEGISLATIVE FINDINGS; CONSTRUCTION OF SUBTITLE
§ 501.005. ADOPTION OF ALTERNATE PROCEDURE
§ 501.006. USE OF CORPORATION TO FINANCE PROJECT
§ 501.007. LENDING CREDIT OR GRANTING PUBLIC MONEY
§ 501.008. LIMITATION ON FINANCIAL OBLIGATION
§ 501.009. POLICE POWERS NOT AFFECTED
§ 501.010. DELEGATION OF UNIT'S SOVEREIGN POWERS PROHIBITED
§ 501.011. REFERENCE TO ARTICLES OF INCORPORATION OR CERTIFICATE OF FORMATION
Subchapter B. CREATION AND OPERATION OF CORPORATION
§ 501.051. AUTHORITY TO CREATE
§ 501.052. NONMEMBER, NONSTOCK FORM OF CORPORATION
§ 501.053. CORPORATION NONPROFIT; NET EARNINGS
§ 501.054. GENERAL POWERS, PRIVILEGES, AND FUNCTIONS
§ 501.055. CONSTITUTED AUTHORITY OR INSTRUMENTALITY
§ 501.056. CONTENTS OF CERTIFICATE OF FORMATION
§ 501.057. FILING OF CERTIFICATE OF FORMATION AND DELIVERY OF CERTIFICATE EVIDENCING FILING
§ 501.058. EFFECT OF ISSUANCE OF CERTIFICATE EVIDENCING FILING
§ 501.059. CORPORATE SEAL
§ 501.060. MAY SUE AND BE SUED
§ 501.061. CORPORATION'S ORGANIZATION NOT RESTRICTED
§ 501.062. BOARD OF DIRECTORS
§ 501.063. ORGANIZATIONAL MEETING
§ 501.064. BYLAWS
§ 501.065. OFFICERS
§ 501.066. INDEMNIFICATION
§ 501.067. INSURANCE AND BENEFITS
§ 501.068. BOARD MEETINGS; NOTICE OF MEETING
§ 501.069. WAIVER OF NOTICE
§ 501.070. ACTION OF BOARD; QUORUM
§ 501.071. ACTION WITHOUT MEETING
§ 501.072. OPEN MEETINGS AND PUBLIC INFORMATION
§ 501.073. SUPERVISION BY AUTHORIZING UNIT
§ 501.074. PURCHASING
§ 501.075. EXEMPTION FROM TAXATION
Subchapter C. AUTHORIZED PROJECTS
§ 501.101. PROJECTS RELATED TO CREATION OR RETENTION OF PRIMARY JOBS
§ 501.102. PROJECTS RELATED TO CERTAIN JOB TRAINING
§ 501.103. CERTAIN INFRASTRUCTURE IMPROVEMENT PROJECTS
§ 501.104. PROJECTS RELATED TO CERTAIN MILITARY BASES OR MISSIONS
§ 501.105. CAREER CENTER PROJECTS OUTSIDE OF JUNIOR COLLEGE DISTRICT
§ 501.106. AIRPORT FACILITIES OR OTHER PROJECTS BY CORPORATIONS AUTHORIZED BY CERTAIN BORDER MUNICIPALITIES
§ 501.107. INFRASTRUCTURE PROJECTS BY CORPORATIONS AUTHORIZED BY MUNICIPALITIES IN CERTAIN BORDER COUNTIES
Subchapter D. CORPORATE POWERS AND LIMITATIONS RELATING TO PROJECTS
§ 501.151. AUTHORITY TO FINANCE PROJECT
§ 501.152. DEFINITION OF COST WITH RESPECT TO PROJECT
§ 501.153. LEASE OR SALE OF PROJECT
§ 501.154. CONVEYANCE OF PROPERTY TO INSTITUTION OF HIGHER EDUCATION
§ 501.155. LOAN TO FINANCE PROJECT
§ 501.156. AGREEMENT MUST BENEFIT CORPORATION
§ 501.157. DEFAULT ON AGREEMENT; ENFORCEMENT
§ 501.158. PERFORMANCE AGREEMENTS
§ 501.159. POWERS CONCERNING PROJECTS; JURISDICTION
§ 501.160. OWNING OR OPERATING PROJECT AS BUSINESS
§ 501.161. CERTAIN ECONOMIC INCENTIVES PROHIBITED
§ 501.162. USE OF TAX REVENUE FOR JOB TRAINING
Subchapter E. CORPORATE POWERS AND LIMITATIONS RELATING TO BONDS
§ 501.201. AUTHORITY TO ISSUE BONDS
§ 501.202. TERMS
§ 501.203. SECURITIES COMMISSIONER PERMIT TO SELL SECURITIES REQUIRED
§ 501.204. AUTHORIZING UNIT'S APPROVAL OF BONDS
§ 501.205. BOND COUNSEL AND FINANCIAL ADVISORS
§ 501.206. MONEY USED TO PAY BONDS
§ 501.207. BONDS NOT DEBT OF STATE OR AUTHORIZING UNIT
§ 501.208. BOND SECURITY; DEFAULT
§ 501.209. TRUST AGREEMENT
§ 501.210. FINANCIAL ASSURANCE OR RESPONSIBILITY REQUIREMENTS FOR CERTAIN PROJECTS
§ 501.211. USE OF BOND PROCEEDS
§ 501.212. INTERIM BONDS
§ 501.213. REFUNDING BONDS
§ 501.214. SALE OR EXCHANGE OF BONDS
Subchapter F. ADMINISTRATION BY ECONOMIC DEVELOPMENT OFFICE
§ 501.251. STATE STANDARDS FOR PROJECT ELIGIBILITY
§ 501.252. STATE STANDARDS AND GUIDELINES FOR LEASE, SALE, OR LOAN AGREEMENTS
§ 501.253. RULES FOR SMALL BUSINESS PROGRAMS
§ 501.254. FILING OF RULES AND GUIDELINES WITH SECRETARY OF STATE
§ 501.255. APPROVAL OF LEASE, SALE, OR LOAN AGREEMENT
§ 501.256. APPROVAL OF BONDS BY ECONOMIC DEVELOPMENT OFFICE
§ 501.257. FILING OF FEE SCHEDULE AND BOND PROCEDURES
§ 501.258. DELEGATION OF AUTHORITY
Subchapter G. AMENDMENT OR RESTATEMENT OF CERTIFICATE OF FORMATION
§ 501.301. AMENDMENT BY BOARD OF DIRECTORS
§ 501.302. AMENDMENT BY UNIT
§ 501.303. AMENDMENT TO COUNTY ALLIANCE CORPORATION'S CERTIFICATE OF FORMATION
§ 501.304. CONTENTS OF CERTIFICATE OF AMENDMENT
§ 501.305. EXECUTION AND VERIFICATION OF CERTIFICATE OF AMENDMENT
§ 501.306. DELIVERY AND FILING OF CERTIFICATE OF AMENDMENT
§ 501.307. SUITS OR RIGHTS NOT AFFECTED
§ 501.308. RESTATED CERTIFICATE OF FORMATION
§ 501.309. RESTATEMENT WITHOUT ADDITIONAL AMENDMENT
§ 501.310. RESTATEMENT WITH ADDITIONAL AMENDMENT
§ 501.311. CHANGE IN CERTAIN INFORMATION NOT AMENDMENT
§ 501.312. EXECUTION AND VERIFICATION OF RESTATED CERTIFICATE OF FORMATION
§ 501.313. DELIVERY AND FILING OF RESTATED CERTIFICATE OF FORMATION
§ 501.314. EFFECT OF ISSUANCE OF CERTIFICATE EVIDENCING FILING OF RESTATED CERTIFICATE OF FORMATION
Subchapter H. REGISTERED OFFICE AND AGENT; SERVICE OF PROCESS
§ 501.351. REGISTERED OFFICE AND AGENT
§ 501.352. CHANGE OF REGISTERED OFFICE OR AGENT
§ 501.353. RESIGNATION OF REGISTERED AGENT
§ 501.354. AGENTS FOR SERVICE
Subchapter I. ALTERATION OR TERMINATION OF CORPORATION
§ 501.401. ALTERATION OR TERMINATION BY AUTHORIZING UNIT
§ 501.402. TERMINATION OF CORPORATION ON COMPLETION OF PURPOSE
§ 501.403. EXECUTION OF CERTIFICATE OF TERMINATION
§ 501.404. DELIVERY AND FILING OF CERTIFICATE OF TERMINATION
§ 501.405. EFFECT OF ISSUANCE OF CERTIFICATE EVIDENCING FILING OF CERTIFICATE OF TERMINATION
§ 501.406. ASSETS ON TERMINATION
§ 501.407. TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION
Subchapter J. HURRICANE IKE DISASTER RELIEF
§ 501.451. APPLICABILITY
§ 501.452. PROJECTS RELATED TO HURRICANE IKE DISASTER AREA
§ 501.453. PROJECTS NOT ADMINISTERED BY ECONOMIC DEVELOPMENT OFFICE