Texas Statutes
§ 505.103 — LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSES.
Texas § 505.103
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 505.103 (LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSES.) 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. § 505.103 (2026).
Text
Sec. 505.103. LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSES. A Type B corporation may spend not more than 10 percent of the corporate revenues for promotional purposes.
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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
§ 505.001
DEFINITION.§ 505.002
APPLICABILITY OF CHAPTER.§ 505.003
AUTHORITY TO CREATE CORPORATION.§ 505.051
BOARD OF DIRECTORS.§ 505.052
RESTRICTION ON BOARD MEMBERSHIP.§ 505.053
OFFICERS.§ 505.054
QUORUM.§ 505.055
LOCATION OF BOARD MEETINGS.§ 505.104
BOND REPAYMENT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 505.103, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/505.103.