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Texas Vernon's Civil Statutes

§ 1524b — HOUSING CORPORATIONS AUTHORIZED

CV § 1524bTitle 32. CORPORATIONS · Ch. 17. TRUST COMPANIES AND INVESTMENTS

Statute text

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Corporations may be formed wholly for the purpose of providing housing for families of low income and/or for reconstruction of slum areas, provided such corporations are regulated by state or municipal law, as hereinafter provided as to rents, charges, capital structure, rate of return and areas and methods of operation.

Legislative history

Acts 1932, 42nd Leg., 3rd C.S., p. 107, ch. 42, Sec. 1.

Source: Texas Vernon's Civil Statutes § 1524b from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.