Sec. 2165.156. DEPOSIT OF LEASE PROCEEDS. Money received from a lease under this subchapter, minus the amount spent for advertising and leasing expenses, shall be deposited:
(1) in the state treasury to the credit of the general revenue fund; or
(2) if the land leased belongs to an eleemosynary institution for which there is an appropriate special fund, to the credit of the institution in the appropriate special fund.
Added by Acts 1995, 74th Leg., ch. 41, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle D - State Purchasing and General Services
Chapter 2165 - State Buildings, Grounds, and Property
Subchapter D. Lease of Public Grounds
Section 2165.151. Authority to Lease Public Grounds
Section 2165.152. Lease of Building Space Not Affected
Section 2165.153. Advertisement of Lease Proposals
Section 2165.155. Approval by Attorney General
Section 2165.156. Deposit of Lease Proceeds