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Texas Natural Resources Code

§ 161.132 — WOMEN-OWNED BUSINESSES

NR § 161.132Title 7. RESOURCES PROGRAMS · Ch. 161. VETERANS LAND BOARD · Art. D. GENERAL OBLIGATION BONDS

Statute text

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(a)The board shall make a good faith effort to award to women-owned businesses:
(1)contracts relating to the issuance of bonds by the board under this chapter in the amount of at least 10 percent of the total costs of issuing those bonds; and
(2)contracts for the items to be financed by bonds issued by the board in the amount of at least 10 percent of the proceeds of those bonds.
(b)Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1083, Sec. 25(135), eff. June 17, 2011.
(c)In this section:
(1)"Women-owned business" means a business entity at least 51 percent of which is owned by women or, in the case of a corporation, at least 51 percent of the shares of which are owned by women, and that is managed and controlled by women in its daily operations.

Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 1083 (S.B. 1179), Sec. 25(135), eff. June 17, 2011.

Source: Texas Natural Resources Code § 161.132 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.