Tex. Local Gov't Code Section 379H.004
Applicability of Other Law


A land bank created under this chapter:

(1)

is:

(A)

a governmental unit, as defined by Section 101.001 (Definitions), Civil Practice and Remedies Code;

(B)

a local government corporation, as defined by Section 431.003 (Definitions), Transportation Code; and

(C)

a public nonprofit corporation that has and may exercise all of the rights, powers, privileges, authority, and functions given by the general laws of this state to nonprofit corporations in this state;

(2)

is not:

(A)

a program created or operating under Chapter 373 (Community Development in Municipalities) or 374 (Urban Renewal in Municipalities); or

(B)

a housing finance corporation created under Chapter 394 (Housing Finance Corporations in Municipalities and Counties); and

(3)

must comply with the requirements of Chapters 551 (Open Meetings) and 552 (Public Information), Government Code.
Added by Acts 2021, 87th Leg., R.S., Ch. 780 (S.B. 1679), Sec. 1, eff. September 1, 2021.

Source: Section 379H.004 — Applicability of Other Law, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­379H.­htm#379H.­004 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 379H.004’s source at texas​.gov