Sec. 379H.202. SALE OF LAND BANK PROPERTY. At the time a land bank sells or otherwise disposes of real property, the proceeds from the sale, if any, shall be allocated to operations and expenses of the land bank.
Added by Acts 2021, 87th Leg., R.S., Ch. 780 (S.B. 1679), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 379H - Urban Land Bank Program in Municipality With Population of Two Million or More
Subchapter E. Financing of Land Bank Operations
Section 379H.201. General Financing
Section 379H.202. Sale of Land Bank Property
Section 379H.203. Collection of Taxes on Property Conveyed by Land Bank