Tex. Spec. Dists. Code § 5012.0106

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

Section 5012.0106 - Lease of Authority Facilities

A lease under Section 60.101, Water Code, may contain any provision the commission determines is advantageous to the authority, including a provision for:

(1) the sale of a leased property at the termination of the lease; and

(2) the management and operation of a leased property by the lessee.

Tex. Spec. Dist. Loc. Laws § 5012.0106

Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. TBD,Sec. 1.01, eff. 4/1/2021.