Sec. 2116.074. TITLE TO AND CONTROL OF REAL PROPERTY. The comptroller, subject to the lease-to-purchase agreement or other comparable financing agreement executed under Section 1232.1026, shall obtain in the name of this state title to any real property acquired or building constructed under this subchapter and retain control of that real property.
Added by Acts 2021, 87th Leg., R.S., Ch. 981 (S.B. 2230), Sec. 2, eff. June 18, 2021.
Structure Texas Statutes
Subtitle C - State Accounting, Fiscal Management, and Productivity
Chapter 2116 - Texas Bullion Depository
Subchapter C. Acquisition of Real Property for Depository
Section 2116.071. Acquisition of Real Property
Section 2116.072. Purchase of Building Subject to Existing Leases
Section 2116.073. Leasing Property and Use of Lease Proceeds
Section 2116.074. Title to and Control of Real Property
Section 2116.075. Borrowing Money; Issuing and Selling Bonds