Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle H. SPECIFIC AUTHORITY FOR MORE THAN ONE TYPE OF LOCAL GOVERNMENT TO ISSUE SECURITIES |
Chapter 1434. COUNTY AND MUNICIPAL HIGHER EDUCATION IMPROVEMENT BONDS |
Subchapter C. DONATION OR USE OF PERMANENT IMPROVEMENTS |
Sec. 1434.101. DONATION OF PERMANENT IMPROVEMENTS
Latest version.
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(a) A county or municipality may donate to a general academic teaching institution a permanent improvement acquired, constructed, or improved by the county, by the municipality, or by the county and the municipality jointly.
(b) The donation is not subject to any law of this state governing the disposition of property owned by a county or municipality.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.