Texas § SD.3929.156 - DEVELOPMENT AND OPERATING AGREEMENT REQUIRED
Full text of Texas The Texas Constitution § SD.3929.156 — DEVELOPMENT AND OPERATING AGREEMENT REQUIRED, with citation guidance and answers to common questions.
§ SD.3929.156. DEVELOPMENT AND OPERATING AGREEMENT REQUIRED
DEVELOPMENT AND OPERATING AGREEMENT REQUIRED. (a) After the district's board is organized, but before the district may undertake any improvement project, issue bonds, levy assessments or fees, or borrow money, the district, the city, and the owner of a majority of the assessed value of real property in the district according to the most recent certified tax rolls of the central appraisal district of the county must negotiate and execute a mutually approved and accepted development and operating agreement, including any limitations imposed by the city. (b) An agreement authorized by this section is not effective until its terms and execution are approved by the board, the governing body of the city by ordinance or resolution, and the owner described by Subsection (a). Added by Acts 2015, 84th Leg., R.S., Ch. 978 (H.B. 3605 ), Sec. 1, eff. September 1, 2015. SUBCHAPTER D. DIVISION OF DISTRICT INTO MULTIPLE DISTRICTS
Frequently Asked Questions About Texas § SD.3929.156
What does The Texas Constitution § SD.3929.156 cover?
Section SD.3929.156 ("DEVELOPMENT AND OPERATING AGREEMENT REQUIRED") 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 § SD.3929.156?
A common citation format is "The Texas Constitution § SD.3929.156" (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 § SD.3929.156 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.