Sec. 431.0307. PROPERTY FINANCED BY REVENUE BONDS

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Notwithstanding any other provision of this chapter, property used by the state for military purposes that was acquired, constructed, remodeled, or repaired using money from revenue bonds and that has not yet been transferred under Section 431.0304 is owned by the Texas Public Finance Authority and a reference to the adjutant general in this chapter in relation to that ownership means the Texas Public Finance Authority until the property is transferred.

Added by Acts 2007, 80th Leg., R.S., Ch. 1335 , Sec. 9, eff. September 1, 2007.

                    
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