Sec. 202.024. EXCHANGE OF REAL PROPERTY. The governor, on the recommendation of the commission, may execute a deed exchanging an interest in real property acquired but not needed for a highway purpose as whole or partial consideration for another interest in real property needed for a state highway purpose.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle A - Texas Department of Transportation
Chapter 202 - Control of Transportation Assets
Subchapter B. Sale, Exchange, or Return of Highway Property
Section 202.021. Real Property No Longer Needed
Section 202.022. Notice of Sale
Section 202.023. Sale of Real Property by Bid
Section 202.024. Exchange of Real Property
Section 202.025. Execution of Deed: Method
Section 202.026. Reconveyance of Property Acquired for Freeway
Section 202.027. Reimbursement to County or Municipality
Section 202.028. Correction of Error or Ambiguity in Instrument
Section 202.029. Rights of Public Utility or Common Carrier