Sec. 85.23. PERMANENT IMPROVEMENTS; CONTRACTS; LAND TRANSACTIONS. The board may enter into an agreement with any person for the purchase, sale, lease, lease-purchase, acquisition, or construction of permanent improvements and may purchase, sell, lease, lease-purchase, encumber, or contract with reference to the divesting or encumbering title to lands and other appurtenances for the construction of the permanent improvements. However, no debt or liability shall be incurred by the State of Texas under this section.
Acts 1971, 62nd Leg., p. 3193, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971. Amended by Acts 2001, 77th Leg., ch. 774, Sec. 1, eff. Sept. 1, 2001.
Structure Texas Statutes
Subtitle D - The Texas a & M University System
Chapter 85 - Administration of the Texas a & M University System
Subchapter C. Powers and Duties of Board
Section 85.21. General Powers and Duties
Section 85.23. Permanent Improvements; Contracts; Land Transactions
Section 85.25. Lands and Mineral Interests
Section 85.27. Flood Control Easements
Section 85.29. Research and Experimentation for Texas Department of Transportation
Section 85.30. Donations and Trusts