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Current as of January 01, 2024 | Updated by Findlaw Staff
A land bank created under this chapter:
(1) is:
(A) a governmental unit, as defined by Section 101.001, Civil Practice and Remedies Code;
(B) a local government corporation, as defined by Section 431.003, Transportation Code; and
(C) a public nonprofit corporation that has and may exercise all of the rights, powers, privileges, authority, and functions given by the general laws of this state to nonprofit corporations in this state;
(2) is not:
(A) a program created or operating under Chapter 373 or 374; or
(B) a housing finance corporation created under Chapter 394; and
(3) must comply with the requirements of Chapters 551 and 552, Government Code.
Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 379H.004. Applicability of Other Law - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-379h-004/
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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