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Texas Natural Resources Code

§ 32.252 — AUTHORITY OF STATE AGENCY OR POLITICAL SUBDIVISION TO SELL OR EXCHANGE REAL PROPERTY

NR § 32.252Title 2. PUBLIC DOMAIN · Part C. ADMINISTRATION · Ch. 32. SCHOOL LAND BOARD · Art. G. TRADE OF LAND

Statute text

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(a)A State Agency Or Political subdivision may directly sell or exchange real property belonging to the state agency or political subdivision with the board for land dedicated to the permanent school fund if the exchange is for fair market value.
(b)Section 272.001, Local Government Code, does not apply to an exchange under this section.

Legislative history

Added by Acts 2003, 78th Leg., ch. 1276, Sec. 13.001(a), eff. Sept. 1, 2003.

Source: Texas Natural Resources Code § 32.252 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.