Texas Human Resources Code 136.004 – Development Corporation
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Terms Used In Texas Human Resources Code 136.004
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
The commission shall contract with and award money to a development corporation to carry out the purposes of this chapter.