Tex. Gov't Code Section 2116.072
Purchase of Building Subject to Existing Leases


The comptroller may:

(1)

acquire a building that is subject to a lease by a private tenant and may continue or renew a lease for the building if the comptroller determines that doing so is advantageous to this state; and

(2)

renegotiate the terms of a lease described by Subdivision (1) to obtain terms that are more favorable to this state.
Added by Acts 2021, 87th Leg., R.S., Ch. 981 (S.B. 2230), Sec. 2, eff. June 18, 2021.

Source: Section 2116.072 — Purchase of Building Subject to Existing Leases, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­2116.­htm#2116.­072 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 2116.072’s source at texas​.gov