General Powers and Limitations of Corporation

Tex. Local Government Code § 507.101, under Chapter 507.

Tex. Local Government Code § 507.101

Sec. 507.101. GENERAL POWERS AND LIMITATIONS OF CORPORATION. A spaceport development corporation: (1) has the powers granted by this chapter and by other chapters of this subtitle; and (2) is subject to the limitations of a corporation authorized to be created under another provision of this subtitle. Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.