Tex. Property Code § 208.003
This is the official text of Tex. Property Code § 208.003, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.
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§ 208.003. HISTORIC NEIGHBORHOOD PRESERVATION ASSOCIATION.
Official statutory text
(a) A historic neighborhood preservation association must:
(1) be a Texas nonprofit corporation or limited liability company organized, in part, to encourage the preservation of property in a historic neighborhood; and
(2) open its membership to all owners of property in the historic neighborhood.
(b) A historic neighborhood preservation association may be composed of only a portion of the owners of property in the historic neighborhood.
(c) A historic neighborhood preservation association may be a property owners' association or an organization that is qualified as a charitable organization under Section 501(c)(3) of the Internal Revenue Code of 1986.
(d) A statement in the articles of incorporation or association, bylaws, regulations, or operating agreement of the historic neighborhood preservation association is prima facie evidence of compliance with Subsection (a).
(1) be a Texas nonprofit corporation or limited liability company organized, in part, to encourage the preservation of property in a historic neighborhood; and
(2) open its membership to all owners of property in the historic neighborhood.
(b) A historic neighborhood preservation association may be composed of only a portion of the owners of property in the historic neighborhood.
(c) A historic neighborhood preservation association may be a property owners' association or an organization that is qualified as a charitable organization under Section 501(c)(3) of the Internal Revenue Code of 1986.
(d) A statement in the articles of incorporation or association, bylaws, regulations, or operating agreement of the historic neighborhood preservation association is prima facie evidence of compliance with Subsection (a).
Status: in_force · Read it on the official government site
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