Tex. Loc. Gov't Code § 501.154
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
With respect to a project, a corporation may donate, exchange, convey, sell, or lease land, improvements, or any other interest in real property, fixtures, furnishings, equipment, or personal property to an institution of higher education for a legal purpose of the institution, on the terms the corporation's board of directors considers advisable and not in conflict with this subtitle.
Tex. Loc. Gov't. Code § 501.154