Sec. 11.155. ADJUSTMENT OR TERMINATION OF PROJECT FOR FAILURE TO MEET FINANCIAL OBJECTIVES. (a) Except as provided by Subsection (b), the department shall adjust or terminate a statewide commercial project that fails to meet the financial objectives stated in the project's plan.
(b) This section does not apply if the department determines that the project possesses a positive public relations value or fulfills a useful educational purpose.
Added by Acts 2001, 77th Leg., ch. 968, Sec. 26, eff. Sept. 1, 2001.
Structure Texas Statutes
Title 2 - Parks and Wildlife Department
Chapter 11 - Parks and Wildlife Department
Subchapter I. Statewide Commercial Projects
Section 11.152. Business Plans
Section 11.153. Department Plan: Operational Strategies
Section 11.154. Individual Project Plans
Section 11.155. Adjustment or Termination of Project for Failure to Meet Financial Objectives