(a) The office shall perform the administrative duties prescribed under:
(1) Chapter 1433; and
(2) the Development Corporation Act (Subtitle C1, Title 12, Local Government Code).
(b), (c) Repealed by Acts 2003, 78th Leg., ch. 814, Sec. 6.01(3).

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Terms Used In Texas Government Code 481.023

  • 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.