Texas Statutes
Subchapter C. General Powers and Duties
Section 281.0519. Tarrant County Hospital District; Authority to Sell or License Intellectual Property

Sec. 281.0519. TARRANT COUNTY HOSPITAL DISTRICT; AUTHORITY TO SELL OR LICENSE INTELLECTUAL PROPERTY. (a) The Tarrant County Hospital District or a nonprofit corporation formed by the district may:
(1) sell or license technology or intellectual property that is owned by or licensed to the district or a nonprofit corporation formed by the district;
(2) enter into a contract to provide services related to technology or intellectual property sold or licensed under Subdivision (1);
(3) contract, collaborate, or enter into a joint venture or other agreement with a public or private entity to engage in an activity authorized under Subdivision (1) or (2); or
(4) take any other action necessary to protect or benefit from the exclusivity of technology and intellectual property owned by or licensed to the district or a nonprofit corporation formed by the district, including applying for, acquiring, registering, securing, holding, protecting, and renewing under applicable provisions of state, federal, or international law:
(A) a patent;
(B) a copyright;
(C) a trademark, service mark, collective mark, or certification mark; or
(D) any other form of protection of intellectual property provided by law.
(b) For purposes of Subsection (a)(3):
(1) a public or private entity may be a for-profit or a nonprofit entity; and
(2) a nonprofit corporation formed by the district may hold an ownership interest in a public or private entity described by Subsection (a)(3).
(c) Information prepared or compiled by or for the Tarrant County Hospital District or a nonprofit corporation formed by the district relating to the development of technology or intellectual property to which this section applies is exempt from public disclosure under Chapter 552, Government Code.
Added by Acts 2021, 87th Leg., R.S., Ch. 351 (H.B. 2847), Sec. 1, eff. June 7, 2021.