Sections
Subchapter A General Provisions 504.001 – 504.005
Subchapter B Governance of Corporation 504.051 – 504.055
Subchapter C General Powers and Duties 504.101 – 504.107
Subchapter D Authorization for Additional Projects 504.151 – 504.171
Subchapter E Investment Agreements 504.201 – 504.204
Subchapter F Sales and Use Tax 504.251 – 504.262
Subchapter G Use of Tax Proceeds 504.301 – 504.305
Subchapter H Termination of Corporation 504.351 – 504.353
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Terms Used In Texas Local Government Code Chapter 504 - Type a Corporations

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Department: means the Department of Agriculture. See Texas Agriculture Code 1.003
  • Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Quorum: The number of legislators that must be present to do business.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Venue: The geographical location in which a case is tried.
  • Year: means 12 consecutive months. See Texas Government Code 311.005