Development Corporation Powers

Tex. Special District Local Laws Code § 3940.103, under Chapter 3940. Valley Ranch Medical Center Management District.

Tex. Special District Local Laws Code § 3940.103

Sec. 3940.103. 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. 499 (S.B. 2043), Sec. 1, eff. June 16, 2015.