Section 208.003 - Historic Neighborhood Preservation Association(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).Tex. Prop. Code § 208.003
Added by Acts 1999, 76th Leg., ch. 871, Sec. 2, eff. 6/18/1999. Renumbered from Sec. 207.003 by Acts 2001, 77th Leg., ch. 1420, Sec. 21.001(98), eff. 9/1/2001.