Sec. 507.101. GENERAL POWERS AND LIMITATIONS OF CORPORATION. A spaceport development corporation:
(1) has the powers granted by this chapter and by other chapters of this subtitle; and
(2) is subject to the limitations of a corporation authorized to be created under another provision of this subtitle.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
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