Sec. 501.156. AGREEMENT MUST BENEFIT CORPORATION. An agreement relating to a project must be for the benefit of the corporation. Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Agreement Must Benefit Corporation
Tex. Local Government Code § 501.156, under Provisions Governing Development Corporations.
Tex. Local Government Code § 501.156