Texas Statutes (Last Updated: January 4, 2014) |
EDUCATION CODE |
Title 3. HIGHER EDUCATION |
Subtitle D. THE TEXAS A & M UNIVERSITY SYSTEM |
Chapter 85. ADMINISTRATION OF THE TEXAS A & M UNIVERSITY SYSTEM |
Subchapter C. POWERS AND DUTIES OF BOARD |
Sec. 85.23. PERMANENT IMPROVEMENTS; CONTRACTS; LAND TRANSACTIONS
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The board may enter into an agreement with any person for the purchase, sale, lease, lease-purchase, acquisition, or construction of permanent improvements and may purchase, sell, lease, lease-purchase, encumber, or contract with reference to the divesting or encumbering title to lands and other appurtenances for the construction of the permanent improvements. However, no debt or liability shall be incurred by the State of Texas under this section.
Acts 1971, 62nd Leg., p. 3193, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971. Amended by Acts 2001, 77th Leg., ch. 774, Sec. 1, eff. Sept. 1, 2001.