Tex. Transp. Code § 21.062 · Subchapter B. GENERAL POWERS AND DUTIES
LEASE OF LAND OR IMPROVEMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The department may lease land given to the department or an improvement on the land to any person if the department finds after investigation that:
(1) the lease is desirable or essential:
(A) to develop aeronautics for the common good and safety of the residents of this state; or
(B) to provide for catastrophe, disaster, or state or national emergency;
(2) the lessee is financially responsible; and
(3) the amount of periodic rental payments is at least equal to the amount that the department has spent for improvements on the land, amortized over the term of the lease.
(b) The department shall produce and maintain in the department's office a written statement of the findings required by Subsection (a).
(c) The department shall submit a lease entered into by the department to the attorney general for approval as to form before the lease becomes effective.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.21.htm
- Text hash
- sha256 f04977087441a6b5174989044c67830f6816a659c636fe3e38c5ee9f87699cb9
- 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.