ALTERATION OR TERMINATION OF CORPORATION.

Tex. TRANSP Code § 22.159.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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. SUBCHAPTER Z. MISCELLANEOUS PROVISIONS
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements