Industrial Development Corporation Powers

Tex. Special District Local Laws Code § 3839.101, under Chapter 3839. Towne Lake Management District.

Tex. Special District Local Laws Code § 3839.101

Sec. 3839.101. INDUSTRIAL DEVELOPMENT CORPORATION POWERS. The district may exercise the powers given to an industrial development corporation under Chapter 505, Local Government Code, including the power to own, operate, acquire, construct, lease, improve, or maintain a project described by that chapter. Added by Acts 2007, 80th Leg., R.S., Ch. 1285 (H.B. 4045), Sec. 1, eff. June 15, 2007. Amended by: Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 21.025, eff. September 1, 2009.