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2025 Texas Statutes
Transportation Code
Title 3 - Aviation
Chapter 22 - County and Municipal Airports
Subchapter E. Nonprofit Airport Facility Financing Corporations
Section 22.159. Alteration or Termination of Corporation
Universal Citation:
TX Transp Code § 22.159 (2025)
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Sec. 22.159. ALTERATION OR TERMINATION OF CORPORATION. The constituent agencies that authorize the incorporation of a nonprofit airport facility financing corporation may alter the structure, organization, programs, or activities of the corporation or may terminate and dissolve the corporation, subject only to any limitations provided by state law relating to the impairment of contracts entered into by the corporation.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
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