Texas Local Government Code 507.053 – Meetings
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Terms Used In Texas Local Government Code 507.053
- 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.
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
The board of directors of a spaceport development corporation shall meet:
(1) at least once every three months; and
(2) at the call of the presiding officer or a majority of the directors.