Texas Education Code

§ 109A.005 — AUTHORITY TO TRANSFER SAN ANGELO MUSEUM OF FINE ARTS

ED § 109A.005Title 3. HIGHER EDUCATION · Part F. OTHER COLLEGES AND UNIVERSITIES · Ch. 109A. ANGELO STATE UNIVERSITY

Statute text

(a)In this section, "nonprofit organization" means an organization exempt from federal income taxation under Section 501(a), Internal Revenue Code of 1986, as an organization described by Section 501(c)(3) of that code.

(b)The board of regents may transfer title to the real property and improvements of the San Angelo Museum of Fine Arts to a nonprofit organization if:

(1)before transferring title, the board of regents holds a public meeting at which the transfer is an agenda item and, in addition to any other notice required, gives notice of the meeting by publishing the subject matter, location, date, and time of the meeting in a newspaper having general circulation in the city of San Angelo;

(2)the board of regents determines that:

(A)the transfer will serve the interests of the university and the public; and

(B)at the time of the transfer, the university does not require the entirety of the real property or improvements for educational purposes; and

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Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 52 (S.B. 811), Sec. 1, eff. May 19, 2009.