Tex. Gov't Code Section 402.025
Property Transactions


(a)

If property is sold under a deed of trust or because of an execution, order, or sale on a judgment in favor of the state, except an execution on a judgment in a case of scire facias, the agent representing the state, with the advice and consent of the attorney general, shall purchase the property if the purchase is considered proper to protect the interest of the state in the collection of the judgment or debt. The agent’s bid may not exceed the amount necessary to satisfy the judgment or debt and related costs. The officer selling the property shall execute and deliver to the state a deed to the property as if the state were an individual.

(b)

The agent, with the advice and consent of the attorney general, may dispose of the property in the manner it was acquired, on the terms and conditions that the agent considers most advantageous to the state. Money received for the property in excess of the amount necessary to satisfy the judgment or debt and related costs shall be deposited in the state treasury to the credit of the general revenue fund. The attorney general, in the name of the state, shall deliver to the purchaser a deed to the property vesting right and title to the property in the purchaser.
Acts 1987, 70th Leg., ch. 147, Sec. 1, eff. Sept. 1, 1987.

Source: Section 402.025 — Property Transactions, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­402.­htm#402.­025 (accessed Jun. 5, 2024).

402.001
Assistants
402.002
Register
402.003
Report
402.004
Admission, Agreement, or Waiver
402.005
Acceptance of Gifts, Grants, and Forfeited Assets
402.006
Fees
402.007
Payment to Treasury
402.008
Office
402.009
Authority to Employ and Commission Peace Officers
402.010
Legal Challenges to Constitutionality of State Statutes
402.021
Representation of State
402.023
Corporate Charters
402.024
Defense of District Attorney or Grand Juror
402.025
Property Transactions
402.026
Inspection of Accounts
402.027
Forms
402.028
Assistance to Prosecuting Attorneys
402.029
Notice of Attorney of Record
402.030
Participation by Fathers
402.031
Preparation of Landowner’s Bill of Rights Statement
402.033
Reporting Fraudulent Activities
402.034
Human Trafficking Prevention Coordinating Council
402.035
Human Trafficking Prevention Task Force
402.036
Support Adoption Account
402.037
Support Adoption Advisory Committee
402.038
Transnational and Organized Crime Division
402.039
Domestic Violence High Risk Teams Grant Program
402.041
Definition
402.042
Questions of Public Interest and Official Duties
402.043
Questions Relating to Actions in Which the State Is Interested
402.044
Questions Relating to Bonds
402.045
Limitation
402.0212
Provision of Legal Services--outside Counsel
402.0213
Appearance Through Videoconferencing Technology
402.0231
Corporate Integrity Unit
402.0241
Defense of Local Entities in Suits Related to Immigration Detainer Requests
402.0281
Internet Service Provider Database
402.0351
Required Posting of Human Trafficking Signs by Certain Entities

Accessed:
Jun. 5, 2024

§ 402.025’s source at texas​.gov