Alteration of Development Corporation Or Activities

Sec. 221.035. ALTERATION OF DEVELOPMENT CORPORATION OR ACTIVITIES. The sponsoring entity, in its sole discretion, may alter the development corporation's structure, organization, programs, or activities, subject only to limitations provided by law relating to the impairment of contracts entered into by the corporation. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.