reglab/housing_qa huggingface dataset:
TX Loc Govt Code § 501.353 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter H. Registered Office and Agent; Service of Process|Section 501.353. Resignation of Registered Agent

Sec. 501.353.  RESIGNATION OF REGISTERED AGENT.  (a)  A corporation's registered agent may resign by:(1)  giving written notice to the corporation at the corporation's last known address; and(2)  giving three originals of the written notice to the secretary of state not later than the 10th day after the date the notice is mailed or delivered to the corporation.(b)  The notice of resignation must include:(1)  the corporation's last known address;(2)  a statement that written notice of the resignation was given to the corporation; and(3)  the date on which the written notice of resignation was given to the corporation.(c)  If the secretary of state determines that the notice of resignation conforms to this section, the secretary of state shall:(1)  endorse the word "Filed" and the date of the filing on each original of the notice of resignation;(2)  file one of the original notices of resignation in the secretary of state's office;(3)  return one original notice of resignation to the resigning registered agent;  and(4)  return one original notice of resignation to the corporation at the corporation's last known address shown in the notice.(d)  The appointment of a registered agent terminates on the 31st day after the date the secretary of state receives the notice of resignation that complies with this section.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.354 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter H. Registered Office and Agent; Service of Process|Section 501.354. Agents for Service

Sec. 501.354.  AGENTS FOR SERVICE.  (a)  The president, each vice president, and the registered agent of a corporation are the corporation's agents on whom a process, notice, or demand required or permitted by law to be served on the corporation may be served.(b)  If a corporation does not appoint or maintain a registered agent in this state or if the corporation's registered agent cannot with reasonable diligence be found at the registered office, the secretary of state is an agent of the corporation on whom a process, notice, or demand described by Subsection (a) may be served.(c)  Service of a process, notice, or demand on the secretary of state is made by delivering two copies of the process, notice, or demand to the secretary of state, the deputy secretary of state, or a clerk in charge of the corporation department of the secretary of state's office.  The secretary of state shall immediately forward by registered mail one copy of the process, notice, or demand to the corporation at the corporation's registered office.(d)  Service made on the secretary of state under this section is returnable not earlier than the 30th day after the date of service.(e)  The secretary of state shall keep a record of each process, notice, and demand served on the secretary of state under this subtitle and shall include in the record the time of the service and the secretary of state's action in response to the service.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.401 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter I. Alteration or Termination of Corporation|Section 501.401. Alteration or Termination by Authorizing Unit

Sec. 501.401.  ALTERATION OR TERMINATION BY AUTHORIZING UNIT.  (a)  At any time a corporation's authorizing unit, in its sole discretion, may in accordance with this subtitle:(1)  alter the corporation's structure, organization, programs, or activities; or(2)  terminate the existence of the corporation.(b)  The authority of an authorizing unit under this section is limited only by the law of this state on the impairment of contracts entered into by the corporation.(c)  An authorizing unit may make an alteration or may terminate the corporation's existence only by a written resolution of the authorizing unit's governing body.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.402 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter I. Alteration or Termination of Corporation|Section 501.402. Termination of Corporation on Completion of Purpose

Sec. 501.402.  TERMINATION OF CORPORATION ON COMPLETION OF PURPOSE.  The board of directors of a corporation, with the approval by written resolution of the corporation's authorizing unit, shall terminate the corporation's existence as provided by this subtitle if the board by resolution determines that:(1)  the purposes for which the corporation was formed have been substantially fulfilled; and(2)  all bonds issued by the corporation have been fully paid.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.403 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter I. Alteration or Termination of Corporation|Section 501.403. Execution of Certificate of Termination

Sec. 501.403.  EXECUTION OF CERTIFICATE OF TERMINATION.  A certificate of termination shall be executed:(1)  on behalf of the corporation by the president or a vice president of the corporation and by the secretary or an assistant secretary of the corporation; or(2)  by the presiding officer of the governing body of the corporation's authorizing unit and the secretary or clerk of the governing body.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.404 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter I. Alteration or Termination of Corporation|Section 501.404. Delivery and Filing of Certificate of Termination

Sec. 501.404.  DELIVERY AND FILING OF CERTIFICATE OF TERMINATION.  (a)  Three originals of the certificate of termination shall be delivered to the secretary of state.(b)  If the secretary of state determines that the certificate of termination conforms to this subtitle and on receipt of a $25 fee, the secretary of state shall:(1)  endorse the word "Filed" and the date of the filing on each original of the certificate of termination;(2)  file one of the original certificates of termination in the secretary of state's office;(3)  issue two certificates evidencing the filing of the certificate of termination;(4)  attach to each certificate evidencing the filing of the certificate of termination an original of the certificate of termination; and(5)  deliver a certificate evidencing the filing of the certificate of termination and the attached certificate of termination to:(A)  the representative of the terminated corporation; and(B)  the governing body of the terminated corporation's authorizing unit.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.405 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter I. Alteration or Termination of Corporation|Section 501.405. Effect of Issuance of Certificate Evidencing Filing of Certificate of Termination

Sec. 501.405.  EFFECT OF ISSUANCE OF CERTIFICATE EVIDENCING FILING OF CERTIFICATE OF TERMINATION.  The corporate existence ends on the issuance of the certificate evidencing the filing of the certificate of termination except for the purpose of:(1)  any suit or other proceeding; and(2)  appropriate corporate action by a director or officer under this subtitle.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.406 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter I. Alteration or Termination of Corporation|Section 501.406. Assets on Termination

Sec. 501.406.  ASSETS ON TERMINATION.  On termination the title to all funds and property owned by the corporation is transferred to the corporation's authorizing unit.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.407 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter I. Alteration or Termination of Corporation|Section 501.407. Termination With Transfer of Assets to Type a Corporation

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.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.451 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter J. Hurricane Ike Disaster Relief|Section 501.451. Applicability

Sec. 501.451.  APPLICABILITY.  This subchapter applies only to a corporation the creation of which was authorized by a unit wholly or partly located in the Hurricane Ike disaster area, as defined by Section 704, Heartland Disaster Tax Relief Act of 2008 (Pub. L. No. 110-343).|Added by Acts 2009, 81st Leg., R.S., Ch. 991 (H.B. 3854), Sec. 1, eff. June 19, 2009.|
TX Loc Govt Code § 501.452 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter J. Hurricane Ike Disaster Relief|Section 501.452. Projects Related to Hurricane Ike Disaster Area

Sec. 501.452.  PROJECTS RELATED TO HURRICANE IKE DISASTER AREA.  For a corporation to which this subchapter applies, in this subtitle, "project":(1)  includes an undertaking the costs of which are eligible to be paid from the proceeds of qualified Hurricane Ike disaster area bonds under Section 704, Heartland Disaster Tax Relief Act of 2008 (Pub. L. No. 110-343); and(2)  does not include:(A)  a qualified residential rental project, as defined by Section 142(d), Internal Revenue Code of 1986; or(B)  a project the costs of which are payable from qualified mortgage bonds, as defined by Section 143, Internal Revenue Code of 1986.|Added by Acts 2009, 81st Leg., R.S., Ch. 991 (H.B. 3854), Sec. 1, eff. June 19, 2009.|
TX Loc Govt Code § 501.453 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 501 - Provisions Governing Development Corporations|Subchapter J. Hurricane Ike Disaster Relief|Section 501.453. Projects Not Administered by Economic Development Office

Sec. 501.453.  PROJECTS NOT ADMINISTERED BY ECONOMIC DEVELOPMENT OFFICE.  A project authorized under this subchapter and bonds issued to pay all or part of the cost of a project under this subchapter are not subject to the requirements of Subchapter F.|Added by Acts 2009, 81st Leg., R.S., Ch. 991 (H.B. 3854), Sec. 1, eff. June 19, 2009.|
TX Loc Govt Code § 502.001 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter A. General Provisions|Section 502.001. Applicability of Chapter

Sec. 502.001.  APPLICABILITY OF CHAPTER.  This chapter applies only to Type A and Type B corporations.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 502.051 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter B. Corporate Powers and Limitations|Section 502.051. Written Contract Required for Business Recruitment or Development

Sec. 502.051.  WRITTEN CONTRACT REQUIRED FOR BUSINESS RECRUITMENT OR DEVELOPMENT.  (a)  Except under a written contract approved by the corporation's board of directors, a corporation may not pay compensation, including a commission or fee, or another thing of value to a broker, agent, or other third party who:(1)  is involved in business recruitment or development; and(2)  is not an employee of the corporation.(b)  A corporation that violates Subsection (a) is liable to this state for a civil penalty in an amount not to exceed $10,000.(c)  The attorney general may bring an action to recover the civil penalty in a district court in Travis County or the county in which the violation occurred.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 502.052 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter B. Corporate Powers and Limitations|Section 502.052. Use of Tax Revenue for Mass Transit-Related Facilities

Sec. 502.052.  USE OF TAX REVENUE FOR MASS TRANSIT-RELATED FACILITIES.  A corporation may, as authorized by the corporation's board of directors, spend tax revenue received under this subtitle for the development, improvement, expansion, or maintenance of facilities relating to the operation of commuter rail, light rail, or motor buses.|Added by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 15.013(b), eff. September 1, 2009.|
TX Loc Govt Code § 502.101 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter C. Training Requirements|Section 502.101. Training Regarding Operation of Corporation

Sec. 502.101.  TRAINING REGARDING OPERATION OF CORPORATION.  (a)  At least once in each 24-month period, the following persons associated with a corporation shall attend a training seminar regarding the operation of a corporation created under this subtitle:(1)  the municipal attorney, administrator, or clerk of the municipality that authorized the creation of the corporation; and(2)  the corporation's executive director or other person responsible for the corporation's daily administration.(b)  The training seminar must provide at least six hours of instruction on topics relating to the legal and proper operation of a corporation created under this subtitle.(c)  The training seminar must be held at least four times each calendar year in a different geographical region of this state.(d)  A corporation may spend corporate revenue to pay for required attendance at the training seminar.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 502.102 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter C. Training Requirements|Section 502.102. Provision of Training Seminar

Sec. 502.102.  PROVISION OF TRAINING SEMINAR.  (a)  A training seminar under Section 502.101 must be provided by a statewide organization representing corporations created under this subtitle, except that if the economic development office determines that no statewide organization is able to provide a seminar as required by Section 502.101, the office, in conjunction with the attorney general and the comptroller, shall by rule develop the seminar.  The office may enter into an agreement for provision of a seminar developed under those rules with a person the office determines is qualified to provide the seminar.(b)  A person providing a training seminar may:(1)  charge a reasonable fee for attending the seminar; and(2)  compensate an individual who provides instruction at the seminar.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 502.103 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter C. Training Requirements|Section 502.103. Proof of Compliance

Sec. 502.103.  PROOF OF COMPLIANCE.  (a)  A person providing a training seminar under Section 502.101 shall issue a certificate of completion, on a form approved by the comptroller, to each person who completes the seminar.(b)  A corporation shall present proof of compliance with Section 502.101 to the comptroller by presenting the certificate of completion issued under Subsection (a) for each person required to attend a training seminar.  The comptroller may impose an administrative penalty, in an amount not to exceed $1,000 for each violation, against a corporation that fails to present proof in accordance with this subsection.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 502.151 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter D. Reporting Requirements|Section 502.151. Report to Comptroller

Sec. 502.151.  REPORT TO COMPTROLLER.  (a)  Not later than April 1 of each year, the board of directors of a corporation shall submit a report to the comptroller that includes:(1)  a statement of:(A)  the corporation's primary economic development objectives;(B)  the corporation's total revenue during the preceding fiscal year;(C)  the corporation's total expenditures during the preceding fiscal year; and(D)  the corporation's total expenditures during the preceding fiscal year in each of the following categories:(i)  administration;(ii)  personnel;(iii)  marketing or promotion;(iv)  direct business incentives;(v)  job training;(vi)  debt service;(vii)  capital costs;(viii)  affordable housing; and(ix)  payments to taxing units, including school districts;(2)  a list of the corporation's capital assets, including land and buildings; and(3)  any other information the comptroller requires to determine the use of the sales and use tax imposed under Chapter 504 or 505 to encourage economic development in this state.(b)  The report:(1)  must be in the form required by the comptroller; and(2)  may not exceed one page.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.Amended by: Acts 2019, 86th Leg., R.S., Ch. 3 (S.B. 450), Sec. 1, eff. September 1, 2019.|
TX Loc Govt Code § 502.152 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter D. Reporting Requirements|Section 502.152. Notice of Failure to Report

Sec. 502.152.  NOTICE OF FAILURE TO REPORT.  (a)  If a corporation does not submit a report as required by Section 502.151 or does not include sufficient information in the report, the comptroller shall provide to the corporation written notice of the failure, including information on how to correct the failure.(b)  The comptroller may impose an administrative penalty of $200 against a corporation that does not correct the failure before the 31st day after the date the corporation receives notice under Subsection (a).  The comptroller by rule shall prescribe the procedures for imposition of the administrative penalty.  The rules must protect the corporation's due process rights.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 502.153 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 502 - Provisions Applicable to Type a and Type B Corporations|Subchapter D. Reporting Requirements|Section 502.153. Report to Legislature

Sec. 502.153.  REPORT TO LEGISLATURE.  Not later than November 1 of each even-numbered year, the comptroller shall submit to the legislature a report on the use of the sales and use tax imposed under Chapters 504 and 505 to encourage economic development in this state.  On request, the comptroller shall provide without charge a copy of the report to a corporation.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 504.001 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle C1 - Additional Planning and Development Provisions Applying to More Than One Type of Local Government|Chapter 504 - Type a Corporations|Subchapter A. General Provisions|Section 504.001. Definition

Sec. 504.001.  DEFINITION.  In this chapter, "authorizing municipality" means the municipality that authorizes the creation of a Type A corporation.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|