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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 2116.072: PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 10. GENERAL GOVERNMENT
  3. SUBTITLE C. STATE ACCOUNTING, FISCAL MANAGEMENT, AND PRODUCTIVITY
  4. CHAPTER 2116. TEXAS BULLION DEPOSITORY
  5. SUBCHAPTER C. ACQUISITION OF REAL PROPERTY FOR DEPOSITORY

The comptroller may:

(1) acquire a building that is subject to a lease by a private tenant and may continue or renew a lease for the building if the comptroller determines that doing so is advantageous to this state; and

(2) renegotiate the terms of a lease described by Subdivision (1) to obtain terms that are more favorable to this state.

Added by Acts 2021, 87th Leg., R.S., Ch. 981 (S.B. 2230), Sec. 2, eff. June 18, 2021.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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