Tex. Educ. Code § 12.1282 · Subchapter D. OPEN-ENROLLMENT CHARTER SCHOOL
TRANSFER OF PROPERTY PURCHASED WITH STATE FUNDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The agency may approve the transfer of property described by Section 12.128 from an open-enrollment charter school that has ceased to operate, or may transfer property conveyed to the agency by the former charter holder under Section 12.1281, to a school district or an open-enrollment charter school if:
(1) the open-enrollment charter school or school district receiving the property:
(A) agrees to the transfer; and
(B) agrees to identify the property as purchased wholly or partly using state funds on the school's annual financial report filed under Section 44.008;
(2) any creditor with a security interest in or lien on the property described by Section 12.128(e) agrees to the transfer; and
(3) the transfer of the property does not make the open-enrollment charter school or school district receiving the property insolvent.
(b) Property received by an open-enrollment charter school or school district under this section is considered to be state property under Section 12.128(a).
(c) The commissioner may adopt rules necessary to administer this section, including rules establishing qualifications and priority for a school district or open-enrollment charter school to receive a transfer of property under this section.
(d) If the agency determines that the cost of disposing of personal property described by Section 12.128 transferred to the agency by an open-enrollment charter school that ceases to operate exceeds the return of value from the sale of the property, the agency may distribute the personal property to open-enrollment charter schools and school districts in a manner determined by the commissioner.
(e) A determination by the agency under this section is final and may not be appealed.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 631 (S.B. 1454), Sec. 8, eff. June 10, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.12.htm
- Text hash
- sha256 caa5b5c0eae0f54f238c2b21a19cde2e1a43ae7d0bc5b8c35849b199ada31822
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Education Code
- Tex. Educ. Code § 12.128PROPERTY PURCHASED OR LEASED WITH STATE FUNDS.Printed as Section 12.128 | Section 12.128(a) | Section 12.128(e)
- Tex. Educ. Code § 12.1281DISPOSITION OF PROPERTY PURCHASED WITH STATE FUNDS.Printed as Section 12.1281
- Tex. Educ. Code § 44.008ANNUAL AUDIT; REPORT.Printed as Section 44.008
Cited by 3 provisions
Provisions in this library whose text cites Tex. Educ. Code § 12.1282. Each shows the citation as that text prints it.
Education Code
- Tex. Educ. Code § 12.128PROPERTY PURCHASED OR LEASED WITH STATE FUNDS.Printed as Section 12.1282
- Tex. Educ. Code § 12.1281DISPOSITION OF PROPERTY PURCHASED WITH STATE FUNDS.Printed as Section 12.1282
- Tex. Educ. Code § 39A.256APPOINTMENT OF BOARD OF MANAGERS FOR OPEN-ENROLLMENT CHARTER SCHOOL.Printed as Sections 12.1281 and 12.1282
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.