BOARD OF DIRECTORS
Known as the Development Corporation Act
The act spans §§ 501.001 to 507.202 (255 sections).
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff
(a) The board of directors of a Type B corporation consists of seven directors.
(b) A director is appointed by the governing body of the authorizing municipality for a two-year term.
(c) A director may be removed by the governing body of the authorizing municipality at any time without cause.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.