Sec. 437.159. PROPERTY FINANCED BY BONDS. Notwithstanding any other provision of this chapter, property used by this state for military purposes that was acquired, constructed, remodeled, or repaired using money from bonds and that has not yet been transferred under Section 437.158 is owned by the Texas Public Finance Authority and a reference to the department in this chapter in relation to that ownership means the Texas Public Finance Authority until the property is transferred.
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