Sec. 505.103. LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSES. A Type B corporation may spend not more than 10 percent of the corporate revenues for promotional purposes. Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Limitation On Use of Revenues For Promotional Purposes
Tex. Local Government Code § 505.103, under Chapter 505.
Tex. Local Government Code § 505.103