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

Tex. Local Government Code § 252.051: APPRAISAL REQUIRED BEFORE PURCHASE OF PROPERTY WITH BOND PROCEEDS.

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Where this section sits in the code
  1. LOCAL GOVERNMENT CODE
  2. TITLE 8. ACQUISITION, SALE, OR LEASE OF PROPERTY
  3. SUBTITLE A. MUNICIPAL ACQUISITION, SALE, OR LEASE OF PROPERTY
  4. CHAPTER 252. PURCHASING AND CONTRACTING AUTHORITY OF MUNICIPALITIES
  5. SUBCHAPTER C. PROCEDURES

A municipality may not purchase property wholly or partly with bond proceeds until the municipality obtains an independent appraisal of the property's market value.

Added by Acts 2011, 82nd Leg., R.S., Ch. 719 (H.B. 782), Sec. 1, eff. September 1, 2011.

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

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