Sec. 95.33. MANAGEMENT OF PROPERTY. The board of regents of the Texas State University System has the sole and exclusive management and control of the lands set aside and appropriated to, or acquired by, the Texas State University System. The board may sell, lease, and otherwise manage, control, and use the lands in any manner and at prices and under terms and conditions the board deems best for the interest of the Texas State University System, not in conflict with the constitution. However, the land shall not be sold at a price less per acre than that at which the same class of other public land may be sold under the statutes. No grazing lease shall be made for a period of more than 10 years.
Added by Acts 1979, 66th Leg., p. 1447, ch. 636, Sec. 1, eff. June 13, 1979. Amended by Acts 1983, 68th Leg., p. 3050, ch. 524, Sec. 1, eff. Sept. 1, 1983.
Structure Texas Statutes
Subtitle E - The Texas State University System
Chapter 95 - Administration of the Texas State University System
Subchapter B. Powers and Duties of Board
Section 95.21. General Responsibilities and Authority of Board
Section 95.22. Inspection of Universities
Section 95.23. Local Committees of Board
Section 95.24. Admission; Diplomas and Certificates
Section 95.25. Teaching Certificates
Section 95.27. Annual Report to Governor
Section 95.28. Disbursement of Funds
Section 95.29. Financial Statements and Recommendations
Section 95.31. Acquisition of Land; Procedures
Section 95.33. Management of Property
Section 95.34. Donations, Gifts, Grants, and Endowments