Development Corporation Powers

Tex. Special District Local Laws Code § 3867.103, under Chapter 3867. Pearland Municipal Management District No. 2.

Tex. Special District Local Laws Code § 3867.103

Sec. 3867.103. DEVELOPMENT CORPORATION POWERS. The district, using money available to the district, may exercise the powers given to a development corporation under Chapter 505, Local Government Code, including the power to own, operate, acquire, construct, lease, improve, or maintain a project under that chapter. Added by Acts 2013, 83rd Leg., R.S., Ch. 582 (S.B. 863), Sec. 1, eff. June 14, 2013.