Tex. Loc. Gov't Code § 337.011

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 337.011 - Authority to Create

(a) A municipality or county may create a nonmember, nonstock, public, cultural educational facilities finance corporation for the sole purpose of acquiring, constructing, providing, improving, financing, and refinancing cultural facilities for the public purposes stated in this chapter.

(b) The municipality or county shall create and organize the corporation in the same manner as a health facilities development corporation is created and organized under Chapter 221, Health and Safety Code.

Tex. Loc. Gov't. Code § 337.011

Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 324,Sec. 20.004, eff. 9/1/2017.