{"data":{"id":"us-tx/tex.-government-code-1232.067","jurisdiction":"us-tx","citation":"Tex. Government Code § 1232.067","heading":"GENERAL POWERS.","body":"The board may:\n(1) exercise, to the extent practicable, all powers given to a corporation under the general laws of the state;\n(2) have perpetual succession by its corporate name;\n(3) sue and be sued in its corporate name;\n(4) adopt a seal for use as the board considers appropriate;\n(5) accept gifts; and\n(6) adopt rules and perform all functions reasonably necessary for the board to administer its functions prescribed by this chapter.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE B. PROVISIONS APPLICABLE TO SECURITIES ISSUED BY STATE GOVERNMENT","CHAPTER 1232. TEXAS PUBLIC FINANCE AUTHORITY","SUBCHAPTER B. TEXAS PUBLIC FINANCE AUTHORITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1232.htm#1232.067","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"03fe943422e0dd51766e8240e9d8721359abe51b26b065fe7e26d73889d3d0b1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1232.066","next":"us-tx/tex.-government-code-1232.068"},"notice":"GroundRules: Original legal text. Not legal advice."}