Sec. 507.105. GENERAL POWERS RELATED TO FINANCES  


Latest version.
  • A spaceport development corporation may:

    (1) impose a charge for using a spaceport or a service the corporation provides;

    (2) borrow money;

    (3) loan money to fund a spaceport; and

    (4) invest money under the corporation's control in an investment authorized by Chapter 2256, Government Code.

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