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A Type B corporation may spend not more than 10 percent of the corporate revenues for promotional purposes.
Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 505.103. Limitation on Use of Revenues for Promotional Purposes - last updated April 14, 2021 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-505-103/
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