Tex. Nat. Res. Code § 161.233 · Subchapter F. PURCHASE, SALE, AND OTHER DISPOSITION OF LAND

DOWN PAYMENT.

Verbatim from the official edition

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

(a) The sale price of land sold under Sections 161.175 and 161.231, 161.232, and 161.234 of this code may include the addition of the expenses and fees in Sections 161.069, 161.070, and 161.175 of this code. Provided, however, no tract may be sold under Sections 161.175 and 161.231, 161.232, and 161.234 of this code at a price exceeding $40,000 unless the veteran pays the board in cash, in accordance with its rules, a down payment equal to that portion of the sale price in excess of $40,000. This down payment shall be in addition to the initial payment required by Section 161.222 of this code and shall be paid not later than the sale date.

(b) If the sale is not consummated, the down payment shall be refunded to the veteran.

Notes and commentary — not statutory text

History

Acts 1977, 65th Leg., p. 2669, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1979, 66th Leg., p. 1899, ch. 768, Sec. 2, eff. June 13, 1979; Acts 1985, 69th Leg., ch. 798, Sec. 11, eff. Sept. 1, 1985; Acts 1991, 72nd Leg., ch. 160, Sec. 1, eff. Aug. 26, 1991.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/NR/htm/NR.161.htm
Text hash: sha256 2e5dc323e2fa3a30f81e9c976fc9ddd66803c07948afc1c9b74d66c30e029f6c
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.

Natural Resources Code

Cited by 2 provisions

Provisions in this library whose text cites Tex. Nat. Res. Code § 161.233. Each shows the citation as that text prints it.

Natural Resources Code

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.

Tex. Nat. Res. Code § 161.233 · Subchapter F. PURCHASE, SALE, AND OTHER DISPOSITION OF LAND

DOWN PAYMENT.

Verbatim from the official edition

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

(b) If the sale is not consummated, the down payment shall be refunded to the veteran.

Notes and commentary — not statutory text

History

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/NR/htm/NR.161.htm
Text hash: sha256 2e5dc323e2fa3a30f81e9c976fc9ddd66803c07948afc1c9b74d66c30e029f6c
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.

Natural Resources Code

Cited by 2 provisions

Provisions in this library whose text cites Tex. Nat. Res. Code § 161.233. Each shows the citation as that text prints it.

Natural Resources Code

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.