Development Corporation Powers

Tex. Special District Local Laws Code § 3931.103, under Chapter 3931. Missouri City Management District No. 1.

Tex. Special District Local Laws Code § 3931.103

Sec. 3931.103. 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 2015, 84th Leg., R.S., Ch. 878 (H.B. 4147), Sec. 1, eff. June 18, 2015.