Tex. Local Gov't Code Section 281.045
Duration of Certain Leases


If an authority leases to or from any person all or part of any facilities constructed or acquired, or to be constructed or acquired, by the authority, the lease may not be for a term longer than 40 years.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.

Source: Section 281.045 — Duration of Certain Leases, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­281.­htm#281.­045 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 281.045’s source at texas​.gov