Tex. Spec. Dist. Local Laws Code Section 3905.103
Nonprofit Corporation

(a)

The board by resolution may authorize the creation of a nonprofit corporation to assist and act for the district in implementing a project or providing a service authorized by this chapter.

(b)

The nonprofit corporation:

(1)

has each power of and is considered to be a local government corporation created under Subchapter D (Creation of Local Government Corporation), 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 of directors of the nonprofit corporation shall serve in the same manner as the board of directors of a local government corporation created under Subchapter D (Creation of Local Government Corporation), Chapter 431 (Texas Transportation Corporation Act), Transportation Code, except that a board member is not required to reside in the district.

Added by Acts 2011, 82nd Leg., R.S., Ch. 358 (H.B. 3857), Sec. 1, eff. June 17, 2011.

Source: Section 3905.103 — Nonprofit Corporation, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3905.htm#3905.103 (accessed Jun. 5, 2024).

3905.001
Definitions 3905.002
Creation and Nature of District 3905.003
Purpose 3905.004
Findings of Benefit and Public Purpose 3905.005
District Territory 3905.006
Eligibility for Inclusion in Special Zones 3905.007
Applicability of Municipal Management Districts Law 3905.008
Liberal Construction of Chapter 3905.051
Governing Body 3905.052
Appointment of Directors 3905.053
Ex Officio Directors 3905.054
Conflicts of Interest 3905.055
Compensation 3905.101
Housing Finance Corporation Powers 3905.102
Development Corporation Powers 3905.103
Nonprofit Corporation 3905.104
Agreements 3905.105
Law Enforcement Services 3905.106
Competitive Bidding 3905.107
Annexation 3905.108
Economic Development Program 3905.109
Strategic Partnership Agreement 3905.110
Real Property 3905.111
Receipt of Surplus Property 3905.112
Project for Educational Opportunity 3905.113
No Eminent Domain Power 3905.151
Petition Required for Financing Services and Improvements 3905.152
Disbursements and Transfers of Money 3905.153
Utility Property Exempt from Impact Fees and Assessments 3905.154
Municipality Not Required to Pay District Obligations 3905.155
Tax Increment Financing Powers 3905.201
Exception for Dissolution of District with Outstanding Debt

Accessed:
Jun. 5, 2024

§ 3905.103’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_3905.103

Original Source: Section 3905.103 — Nonprofit Corporation, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3905.htm#3905.103 (last accessed Jun. 5, 2024).