Texas Statutes
§ 507.102 — ACQUISITION, MORTGAGE, OR DISPOSAL OF PROPERTY.
Texas § 507.102
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 507.102 (ACQUISITION, MORTGAGE, OR DISPOSAL OF PROPERTY.) 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. § 507.102 (2026).
Text
Sec. 507.102. ACQUISITION, MORTGAGE, OR DISPOSAL OF PROPERTY.
(a)A spaceport development corporation may acquire property but only if a site in the territory of the authorizing entity has been designated as the site for a spaceport.
(b)A spaceport development corporation may:
(1)mortgage property; or
(2)convey or otherwise dispose of property.
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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
§ 507.001
DEFINITIONS.§ 507.002
SCOPE OF PROJECT.§ 507.006
CONFLICTS OF LAW.§ 507.051
BOARD OF DIRECTORS.§ 507.052
OFFICERS.§ 507.053
MEETINGS.§ 507.103
EMINENT DOMAIN.§ 507.104
CONTRACTS.§ 507.105
GENERAL POWERS RELATED TO FINANCES.§ 507.106
DONATIONS, GRANTS, AND LOANS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 507.102, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/507.102.