General Powers of Corporation

Sec. 379A.052. GENERAL POWERS OF CORPORATION. The corporation may: (1) own or operate a program authorized by this chapter; (2) perform any act necessary to the full exercise of the corporation's powers; (3) accept a grant or loan from a: (A) department or agency of the United States; (B) department, agency, or political subdivision of this state; or (C) public or private person; (4) employ any necessary personnel, who shall be employees of the municipality; (5) adopt rules to govern the operation of the corporation and its employees and property; and (6) contract or enter into a memorandum of understanding or a similar agreement with a public or private person, including local workforce development boards or any political subdivision, in connection with a program authorized by this chapter. Added by Acts 2001, 77th Leg., ch. 149, Sec. 1, eff. May 16, 2001.