Tex. Gov't Code § 2116.072 · Subchapter C. ACQUISITION OF REAL PROPERTY FOR DEPOSITORY

PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

The comptroller may:

(1) acquire a building that is subject to a lease by a private tenant and may continue or renew a lease for the building if the comptroller determines that doing so is advantageous to this state; and

(2) renegotiate the terms of a lease described by Subdivision (1) to obtain terms that are more favorable to this state.

Notes and commentary — not statutory text

History

Added by Acts 2021, 87th Leg., R.S., Ch. 981 (S.B. 2230), Sec. 2, eff. June 18, 2021.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2116.htm
Text hash: sha256 1de076ec43eef44064f11f7830675389d9fb7b10eb8c1154f895cdfa882d092b
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

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.