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
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3950.105’s source at texas​.gov