CONTRACT WITH OTHER PRIVATE CORPORATION
Known as the Development Corporation Act
The act spans §§ 501–507 (255 sections).
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff
A Type A corporation may contract with another private corporation to:
(1) carry out an industrial development program or objective; or
(2) assist with the development or operation of an economic development program or objective consistent with the purposes and duties provided by this subtitle.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.