Sec. 105.107. SYSTEM PROPERTY. (a) The board has the sole and exclusive management and control of system lands.
(b) The board may acquire by purchase, donation, exchange, condemnation, or otherwise:
(1) land, including improvements, for the use of the system; and
(2) other real property that is necessary or convenient to carry out the purposes of state-supported institutions of higher education.
(c) Except as otherwise provided by law, the board may sell, exchange, lease, or dispose of any land or other real property owned by or acquired for the board or the system.
Amended by Acts 2001, 77th Leg., ch. 25, Sec. 1, eff. May 2, 2001.
Structure Texas Statutes
Subtitle F - Other Colleges and Universities
Chapter 105 - University of North Texas System
Subchapter C. Powers and Duties of Board
Section 105.101. General Powers and Duties
Section 105.102. Chief Executive Officers
Section 105.103. Eminent Domain: Restriction
Section 105.104. Donations, Gifts, Grants, and Endowment
Section 105.105. Funds Received for Trust Services
Section 105.106. Disbursement of Funds
Section 105.107. System Property