Tex. Loc. Gov't Code § 501.073 : LOCAL GOVERNMENT CODE — PLANNING AND DEVELOPMENT — ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT — PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS — CREATION AND OPERATION OF CORPORATION — Supervision By Authorizing Unit TEXT PDF (a) The corporation's authorizing unit will approve all programs and expenditures of a corporation and annually review any financial statements of the corporation. (b) A corporation's authorizing unit is entitled to access to the corporation's books and records at all times. Tex. Loc. Gov't. Code § 501.073 Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.01, eff. 4/1/2009.