Sec. 505.003. AUTHORITY TO CREATE CORPORATION  


Latest version.
  • (a) A municipality may authorize the creation under this subtitle of a Type B corporation.

    (b) A municipality may not authorize the creation of more than one Type B corporation.

Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 3.01, eff. April 1, 2009.