Texas Statutes
§ 501.407 — TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION.
Texas § 501.407
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 501.407 (TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION.) 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. § 501.407 (2026).
Text
Sec. 501.407. TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION. On approval of the governing bodies of each unit and corporation involved, a corporation that is not a Type A corporation may transfer all of the corporation's assets to a Type A corporation and terminate its existence as provided by this subtitle.
SUBCHAPTER J. HURRICANE IKE DISASTER RELIEF
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.01, eff. April 1, 2009.
Nearby Sections
15
§ 501.001
SHORT TITLE.§ 501.002
DEFINITIONS.§ 501.003
WHO MAY BE USER.§ 501.005
ADOPTION OF ALTERNATE PROCEDURE.§ 501.008
LIMITATION ON FINANCIAL OBLIGATION.§ 501.009
POLICE POWERS NOT AFFECTED.§ 501.051
AUTHORITY TO CREATE.§ 501.053
CORPORATION NONPROFIT; NET EARNINGS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 501.407, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/501.407.