Sec. 172.158. DISPOSITION OF SURPLUS PROPERTY. (a) A district may sell, lease, convey, or otherwise dispose of any right, interest, or property not needed for or, in the case of a lease, not inconsistent with the efficient operation and maintenance of the system.
(b) A district may, on adoption of an order by the board, sell, lease, or otherwise dispose of surplus property not needed for district requirements or to carry out district powers under this chapter.
Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.04, eff. April 1, 2011.
Structure Texas Statutes
Subtitle I - Special Districts
Chapter 172 - Rural Rail Transportation Districts
Subchapter D. General Powers and Duties
Section 172.151. General Powers of District; Governmental Functions
Section 172.153. Agreements Generally
Section 172.154. Agreements With Other Entities for Joint Use
Section 172.155. Joint Ownership Agreements
Section 172.156. Awarding Construction or Purchase Contracts
Section 172.157. Eminent Domain
Section 172.1571. Restoration of Certain Expired Eminent Domain Authority