Tex. Loc. Gov't Code § 373A.104

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

Section 373A.104 - Board of Directors

(a) A trust shall be governed by a board of directors.

(b) If a trust holds land that provides at least 100 housing units, at least one-third of the board members must reside in housing units located on land held by the trust.

Tex. Loc. Gov't. Code § 373A.104

Amended By Acts 2007, 80th Leg., R.S., Ch. 1175, Sec. 7, eff. 9/1/2007.

Added by Acts 2005, 79th Leg., Ch. 495, Sec. 1, eff. 9/1/2005.