The corporation may:
- (1) own or operate a program authorized by this chapter;
- (2) perform any act necessary to the full exercise of the corporation's powers;
(3) accept a grant or loan from a:
- (A) department or agency of the United States;
- (B) department, agency, or political subdivision of this state; or
- (C) public or private person;
- (4) employ any necessary personnel, who shall be employees of the municipality;
- (5) adopt rules to govern the operation of the corporation and its employees and property; and
- (6) contract or enter into a memorandum of understanding or a similar agreement with a public or private person, including local workforce development boards or any political subdivision, in connection with a program authorized by this chapter.
Added by Acts 2001, 77th Leg., ch. 149, Sec. 1, eff. May 16, 2001.