Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 3. AVIATION |
Chapter 21. ADMINISTRATION OF AERONAUTICS |
Subchapter C. AVIATION FACILITIES DEVELOPMENT AND FINANCIAL ASSISTANCE |
Sec. 21.103. COMMISSION VOTE REQUIRED FOR GRANT OR LOAN
Latest version.
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Under this subchapter, the commission may not make:
(1) a grant unless two-thirds of the entire commission votes in favor of the grant; or
(2) a loan unless a majority of the entire commission votes in favor of the loan.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.