Tex. Loc. Gov't Code § 281.045
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.
Tex. Loc. Gov't. Code § 281.045