Tex. Spec. Dist. Local Laws Code Section 3831.114
Nonprofit Corporation

(a)

The board by resolution may authorize the creation of a nonprofit corporation under the Business Organizations Code. The nonprofit corporation may be organized to perform biomedical or scientific research or provide biomedical or scientific education for the benefit of the public. The nonprofit corporation shall assist and act for the district in implementing a project or providing a service authorized by this chapter or Chapter 431 (Texas Transportation Corporation Act), Transportation Code.

(a-1)

Expired.

(b)

The nonprofit corporation:

(1)

has each power of and is considered for purposes of this chapter to be a local government corporation created under Chapter 431 (Texas Transportation Corporation Act), Transportation Code; and

(2)

may implement any project and provide any service authorized by this chapter.

(c)

The board shall appoint the board of directors of the nonprofit corporation. The board may appoint a director of the district’s board to serve as a director of the nonprofit corporation. The board of directors of the nonprofit corporation shall serve in the same manner as the board of directors of a local government corporation created under Chapter 431 (Texas Transportation Corporation Act), Transportation Code.

(d)

Expired.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.03, eff. April 1, 2007.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 507 (S.B. 1033), Sec. 6, eff. June 19, 2009.

Source: Section 3831.114 — Nonprofit Corporation, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3831.­htm#3831.­114 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3831.114’s source at texas​.gov