Texas § HS.363.118 - INDUSTRIAL DEVELOPMENT CORPORATIONS
Full text of Texas The Texas Constitution § HS.363.118 — INDUSTRIAL DEVELOPMENT CORPORATIONS, with citation guidance and answers to common questions.
§ HS.363.118. INDUSTRIAL DEVELOPMENT CORPORATIONS
INDUSTRIAL DEVELOPMENT CORPORATIONS. (a) A public agency that enters into a contract under Section 363.116 may sponsor the creation of an industrial development corporation as provided by the Development Corporation Act (Subtitle C1, Title 12, Local Government Code). (b) If the system is located in the public agency's boundaries, the corporation may issue its bonds, notes, or other evidences of indebtedness to finance the costs of a solid waste management system, including a resource recovery system, contemplated under the contract. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by: Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.16, eff. April 1, 2009.
Frequently Asked Questions About Texas § HS.363.118
What does The Texas Constitution § HS.363.118 cover?
Section HS.363.118 ("INDUSTRIAL DEVELOPMENT CORPORATIONS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § HS.363.118?
A common citation format is "The Texas Constitution § HS.363.118" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § HS.363.118 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.