Sec. 161.215. PURCHASE OF LAND. Land purchased by the board shall be acquired at the lowest price that can be obtained in the opinion of the board, taking into consideration the quality, location, natural advantages, and improvements of the land. The land shall be paid for in cash and shall be clear of all liens and shall be a part of the fund.
Acts 1977, 65th Leg., p. 2666, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Chapter 161 - Veterans Land Board
Subchapter F. Purchase, Sale, and Other Disposition of Land
Section 161.2111. Report to Bond Review Board
Section 161.215. Purchase of Land
Section 161.216. Cost of Land Sold by Board
Section 161.217. Appointment of Local Committee
Section 161.218. Work of Local Committee
Section 161.219. Board Investigation
Section 161.221. Initiation of Sale
Section 161.222. Purchase Payments
Section 161.223. Board to Specify Terms
Section 161.224. Time Limit on Transfer
Section 161.225. Sale to a Nonveteran
Section 161.226. Disposition of Land That Is Paid For
Section 161.227. Lease of Land
Section 161.228. Conditions of Leases
Section 161.230. Death of Purchaser
Section 161.231. Subdividing Land
Section 161.232. Conditions for Sale of Land
Section 161.234. Sale to Other Purchasers
Section 161.235. Rights of Surviving Spouse
Section 161.236. Number of Tracts Purchased
Section 161.237. Exemption From Certain Real Estate Transaction Laws