Current as of April 14, 2021 | Updated by FindLaw Staff
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(a) To be qualified to serve as a director, a person must be at least 18 years old and:
(1) a district resident;
(2) an owner of real property in the district;
(3) an owner of stock, whether beneficial or otherwise, of a corporate owner of real property in the district;
(4) an owner of a beneficial interest in a trust that owns real property in the district; or
(5) an agent, employee, or tenant of a person described by Subdivision (2), (3), or (4).
(b) For purposes of this section, a person or entity that owns an interest in a general or limited partnership owning real property in the district or that has a lease of real property in the district with a remaining term of 10 years or more, excluding options, is considered to be an owner of real property.
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 3846.053. Qualifications of Director - last updated April 14, 2021 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-3846-053/
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