Tex. Loc. Gov't Code § 506.151

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 506.151 - Distribution of Net Earnings

If the board of directors of a county alliance corporation determines that sufficient provisions have been made to pay the corporation's expenses, bonds, and other obligations, any net earnings may be distributed among the counties in the county alliance as a percentage of the per capita contributions made by each of the counties during the corporation's existence.

Tex. Loc. Gov't. Code § 506.151

Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.01, eff. 4/1/2009.