Texas Local Government Code 501.005 – Adoption of Alternate Procedure
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Terms Used In Texas Local Government Code 501.005
- 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.
If a court holds that a procedure under this subtitle violates the federal or state constitution, a corporation by resolution may provide an alternate procedure that conforms to the constitution.