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BYLAWS <br />OF THE <br />CITY OF LA PORTE <br />DEVELOPMENT CORPORATION <br />These bylaws govern the affairs of the CITY OF LA PORTE DEVELOPMENT <br />CORPORATION (the "Corporation ") a nonprofit corporation organized under Article <br />5190.6, Section 413, Vernon's Annotated Texas Civil Statutes, as amended (the 'Act'). <br />ARTICLE I <br />PURPOSES <br />General Purposes <br />1.01. The Corporation acts on behalf of the City of La Porte, Texas in furtherance of <br />the public purposes of the Act and may engage in any project authorized under Section <br />2(10) or Section 413 of the Act. <br />Powers <br />1.02. The Corporation has all the powers both express and implied, granted to <br />corporations governed by Sec. 413 of the Act and by the Texas Non - profit Corporation <br />Act. <br />ARTICLE II <br />OFFICES <br />Principal Office <br />2.01. The principal office of the Corporation in the State of Texas is located at 604 <br />West Fairmont Parkway in La Porte; Harris County; Texas. The Corporation may <br />provide for additional offices or change the location of any office. <br />Registered Office and Agent <br />2.02. The Corporation shall comply with the requirements of the Act and maintain a <br />registered office and registered agent in Texas. The registered office may, but need <br />not, be identical with the Corporation's principal office in Texas. The Corporation may <br />change the registered office and the registered agent as provided in the Act. <br />