Tex. Spec. Dist. Local Laws Code Section 3950.105
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 2017, 85th Leg., R.S., Ch. 803 (H.B. 4290), Sec. 1, eff. June 15, 2017.

Source: Section 3950.105 — Nonprofit Corporation, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3950.­htm#3950.­105 (accessed Jun. 5, 2024).

3950.001
Definitions
3950.002
Creation and Nature of District
3950.003
Purpose
3950.004
Findings of Benefit and Public Purpose
3950.005
District Territory
3950.006
Eligibility for Inclusion in Special Zones
3950.007
Applicability of Municipal Management Districts Law
3950.008
Construction of Chapter
3950.051
Governing Body
3950.052
Director’s Oath or Affirmation
3950.053
Quorum
3950.054
Officers
3950.055
Compensation
3950.056
Liability Insurance
3950.057
No Executive Committee
3950.058
Board Meetings
3950.101
General Powers and Duties
3950.102
Improvement Projects and Services
3950.103
Location of Improvement Project
3950.104
Development Corporation Powers
3950.105
Nonprofit Corporation
3950.106
Agreements
3950.107
Law Enforcement Services
3950.108
Membership in Charitable Organizations
3950.109
Economic Development
3950.110
Concurrence on Additional Powers
3950.111
No Eminent Domain Power
3950.151
Disbursements and Transfers of Money
3950.152
Money Used for Improvements or Services
3950.153
General Powers Regarding Payment of District Bonds, Obligations, or Other Costs
3950.154
Costs for Improvement Projects
3950.155
Tax and Assessment Abatements
3950.156
Property Exempt from Impact Fees
3950.201
Petition Required for Financing Services and Improvements with Assessments
3950.202
Assessments
3950.203
Method of Notice for Hearing
3950.251
Tax Abatement
3950.252
Property Tax Authorized
3950.253
Sales and Use Tax
3950.254
Bonds and Other Obligations
3950.255
Bond Maturity
3950.256
Taxes for Bonds and Other Obligations
3950.301
Dissolution by Ordinance
3950.302
Collection of Assessments and Other Revenue
3950.303
Assumption of Assets and Liabilities

Accessed:
Jun. 5, 2024

§ 3950.105’s source at texas​.gov