Texas § 504.105 LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE.

Texas Statutes

§ 504.105 — LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE.

Texas § 504.105

Code LGLocal Government Code

This text of Texas § 504.105 (LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE.) 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. § 504.105 (2026).

Text

Sec. 504.105. LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE.

(a)Except as provided by Subsection (b), a Type A corporation may spend not more than 10 percent of the corporate revenues for promotional purposes.

(b)A Type A corporation may spend not more than 25 percent of the corporate revenues for promotional purposes if the authorizing municipality:

(1)is located in two counties;

(2)has a population of less than 24,250 according to the 1990 federal census; and

(3)is located wholly or partly within 10 miles of a federal military reservation.

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Sec. 504.105. LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE. (a) Except as provided by Subsection (b), a Type A corporation may spend not more than 10 percent of the corporate revenues for promotional purposes.
(b) A Type A corporation may spend not more than 25 percent of the corporate revenues for promotional purposes if the authorizing municipality:
(1) is located in two counties;
(2) has a population of less than 24,250 according to the 1990 federal census; and
(3) is located wholly or partly within 10 miles of a federal military reservation.