Tex. Spec. Dist. Local Laws Code Section 3930.103
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 2015, 84th Leg., R.S., Ch. 980 (H.B. 3888), Sec. 1, eff. June 19, 2015.

Source: Section 3930.103 — Nonprofit Corporation, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3930.htm#3930.103 (accessed Apr. 20, 2024).

3930.001
Definitions 3930.002
Creation and Nature of District 3930.003
Purpose 3930.004
Findings of Benefit and Public Purpose 3930.005
District Territory 3930.006
Eligibility for Inclusion in Special Zones 3930.007
Applicability of Municipal Management Districts Law 3930.008
Liberal Construction of Chapter 3930.051
Governing Body 3930.052
Appointment of Directors 3930.053
Ex Officio Directors 3930.054
Conflicts of Interest 3930.055
Compensation 3930.101
Housing Finance Corporation Powers 3930.102
Development Corporation Powers 3930.103
Nonprofit Corporation 3930.104
Agreements 3930.105
Law Enforcement Services 3930.106
Competitive Bidding 3930.107
Annexation 3930.108
Economic Development Program 3930.109
Strategic Partnership Agreement 3930.110
Real Property 3930.111
Receipt of Surplus Property 3930.112
Project for Educational Opportunity 3930.113
No Eminent Domain Power 3930.152
Disbursements and Transfers of Money 3930.153
No Ad Valorem Tax 3930.154
Assessments 3930.155
No Impact Fees 3930.156
No Authority to Issue Bonds 3930.157
Municipality Not Required to Pay District Obligations 3930.201
Exception for Dissolution of District with Outstanding Debt 3930.1515
Election Required for Financing Services and Improvements

Accessed:
Apr. 20, 2024

§ 3930.103’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_3930.103

Original Source: Section 3930.103 — Nonprofit Corporation, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3930.htm#3930.103 (last accessed Apr. 20, 2024).