Tex. Agric. Code § 60.152

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 60.152 - Disposition of Property of Dissolved District

Prior to dissolution, the board may sell its property. If the purchaser of any district property is not a governmental entity, purchase by the person renders the agricultural facility or other property ineligible to issue tax-exempt securities, to impose assessments, or to be eligible for tax-exempt status.

Tex. Agric. Code § 60.152

Added by Acts 2001, 77th Leg., ch. 1393, Sec. 1, eff. 6/16/2001.