Sec. 437.158. TRANSFER TO STATE. When property that the Texas Public Finance Authority owns in accordance with Section 437.159 is fully paid for and free of liens and all obligations incurred in connection with the acquisition and construction of the property have been fully paid, the Texas Public Finance Authority shall donate and transfer the property to the department by appropriate instruments of transfer. The instruments of transfer shall be kept in the custody of the department.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1217 (S.B. 1536), Sec. 1.01, eff. September 1, 2013.
Structure Texas Statutes
Subtitle C - State Military Forces and Veterans
Subchapter D. Real Property Management
Section 437.151. Real Property Advisory Council
Section 437.152. Public Comment
Section 437.153. Borrowing Money; Issuing and Selling Bonds
Section 437.154. Report of Military Use of Property
Section 437.155. Acquisition; Management; Pledge of Rents, Issues, and Profits
Section 437.156. Construction; Furnishing and Equipment
Section 437.157. Lease of Property
Section 437.158. Transfer to State
Section 437.159. Property Financed by Bonds
Section 437.160. Donation of Property
Section 437.161. Tax Status of Property