GENERAL POWERS RELATED TO FINANCES.
Tex. LOC. GOV'T Code § 507.105.
in effectA spaceport development corporation may:
(1) impose a charge for using a spaceport or a service the corporation provides;
(2) borrow money;
(3) loan money to fund a spaceport; and
(4) invest money under the corporation's control in an investment authorized by Chapter 2256 , Government Code.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.01, eff. April 1, 2009.
