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Current as of January 01, 2024 | Updated by Findlaw Staff
The office shall administer the fund. In administering the fund and this chapter, the office has the powers necessary to carry out the purposes of this chapter, including the power to:
(1) make, execute, and deliver contracts, conveyances, and other instruments;
(2) impose and collect fees and charges in connection with any transaction and provide for reasonable penalties for delinquent payments or performance; and
(3) issue bonds for economic development projects as that term is defined by Section 501.101, Local Government Code, or Section 505.151, 505.152, 505.153, 505.154, 505.155, or 505.156, Local Government Code.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 489.106. Administration of Fund and Chapter - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-489-106/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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