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Tex. Gov't Code § 2310.303

PROHIBITION ON QUALIFIED BUSINESS CERTIFICATION

Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff

If the bank determines that the governing body of a readjustment zone is not complying with this chapter, the bank shall prohibit the certification of a qualified business in the zone until the bank determines that the governing body is complying with this chapter. The bank may not designate more than two defense readjustment projects in a single readjustment zone.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.