{"data":{"id":"us-tx/tex.-local-government-code-506.151","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 506.151","heading":"DISTRIBUTION OF NET EARNINGS.","body":"If the board of directors of a county alliance corporation determines that sufficient provisions have been made to pay the corporation's expenses, bonds, and other obligations, any net earnings may be distributed among the counties in the county alliance as a percentage of the per capita contributions made by each of the counties during the corporation's existence.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 12. PLANNING AND DEVELOPMENT","SUBTITLE C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 506. COUNTY ALLIANCE CORPORATIONS","SUBCHAPTER D. FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.506.htm#506.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"5bb04a1d542ed3a3cffc42747752e59768531fd251a2dd2cf35c4222c75b9b37","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-506.102","next":"us-tx/tex.-local-government-code-506.201"},"notice":"GroundRules: Original legal text. Not legal advice."}