{"data":{"id":"us-tx/tex.-local-government-code-507.105","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 507.105","heading":"GENERAL POWERS RELATED TO FINANCES.","body":"A spaceport development corporation may:\n(1) impose a charge for using a spaceport or a service the corporation provides;\n(2) borrow money;\n(3) loan money to fund a spaceport; and\n(4) invest money under the corporation's control in an investment authorized by Chapter 2256, Government Code.\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 507. SPACEPORT DEVELOPMENT CORPORATIONS","SUBCHAPTER C. POWERS AND DUTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.507.htm#507.105","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"ad5dd4c87398e12259679b01def224fd1da9a365547b483b331092c63a97e2f3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-507.104","next":"us-tx/tex.-local-government-code-507.106"},"notice":"GroundRules: Original legal text. Not legal advice."}