(a) The board of directors of a spaceport development corporation shall elect a presiding officer from among its members.
(b) The board of directors by rule may provide for the election of other officers.
OFFICERS
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 spaceport development corporation shall elect a presiding officer from among its members.
(b) The board of directors by rule may provide for the election of other officers.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.