Tex. Loc. Gov't Code § 252.051

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 252.051 - Appraisal Required Before Purchase of Property With Bond Proceeds

A municipality may not purchase property wholly or partly with bond proceeds until the municipality obtains an independent appraisal of the property's market value.

Tex. Loc. Gov't. Code § 252.051

Added by Acts 2011, 82nd Leg., R.S., Ch. 719, Sec. 1, eff. 9/1/2011.