Tex. Loc. Gov't Code § 373B.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 373B.005 - Ownership of Land and Housing Units

A community land trust may retain title to land it acquires and may:

(1) sell housing units located on the land and lease the land under ground leases with terms of at least 99 years; or
(2) lease housing units located on the land.

Tex. Loc. Gov't. Code § 373B.005

Added by Acts 2011, 82nd Leg., R.S., Ch. 383, Sec. 1, eff. 1/1/2012.