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Local Government Code §501.151

In force on Apr 12, 2010 · this text took effect Apr 01, 2009 · same as today's text

AUTHORITY TO FINANCE PROJECT

A corporation is a constituted authority for the purpose of financing one or more projects.

History: Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.01, eff. April 1, 2009.

Source: the Legislature's file server, seen Nov 08, 2026.

Every version on file

Effective Apr 01, 2009 · seen Nov 2026–Nov 2026

Attorney General opinions that cite it

GA-0819 (Apr 12, 2010): Whether the Development Corporation Act of 1979 permits a 4A economic development corporation to grant or use sales tax funds for certain purposes in connection with a nonprofit corporation that provides affordable housing assistance

A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.