Tex. Gov't Code Section 495.021
Lease-purchase, Installment Contracts

(a)

The board may contract with the commissioners court of a county to use, lease-purchase, purchase on an installment contract, or acquire in any other manner a secure correctional facility financed and constructed under the authority of the county. The contract must be subject to specific appropriative authority in the General Appropriations Act, and the facility must be managed by the institutional division.

(b)

A contract under this section is subject to review and approval by the Bond Review Board under the provisions of Chapter 1231 (Bond Review Board) without regard to the amount or the duration of the contract.
Added by Acts 1989, 71st Leg., ch. 212, Sec. 2.01, eff. Sept. 1, 1989. Renumbered from Sec. 494.021 and amended by Acts 1991, 72nd Leg., ch. 16, Sec. 10.01(a), eff. Aug. 26, 1991. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.237, eff. Sept. 1, 2001.

Source: Section 495.021 — Lease-purchase, Installment Contracts, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­495.­htm#495.­021 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 495.021’s source at texas​.gov