Texas § 303.023 PROCEDURE.

Texas Statutes

§ 303.023 — PROCEDURE.

Texas § 303.023

Code LGLocal Government Code

This text of Texas § 303.023 (PROCEDURE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Local Government Code Code Ann. § 303.023 (2026).

Text

Sec. 303.023. PROCEDURE. A governing body of a sponsor that determines that it is in the public interest and to the benefit of the sponsor's residents and the citizens of this state that a corporation be created to finance, refinance, or provide the costs of public facilities of the sponsor may by resolution stating that determination:

(1)authorize and approve the creation of a corporation to act on behalf of the sponsor; and

(2)approve proposed articles of incorporation for the corporation.

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Sec. 303.023. PROCEDURE. A governing body of a sponsor that determines that it is in the public interest and to the benefit of the sponsor's residents and the citizens of this state that a corporation be created to finance, refinance, or provide the costs of public facilities of the sponsor may by resolution stating that determination:
(1) authorize and approve the creation of a corporation to act on behalf of the sponsor; and
(2) approve proposed articles of incorporation for the corporation.