{"data":{"id":"us-tx/tex.-local-government-code-501.154","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 501.154","heading":"CONVEYANCE OF PROPERTY TO INSTITUTION OF HIGHER EDUCATION.","body":"With respect to a project, a corporation may donate, exchange, convey, sell, or lease land, improvements, or any other interest in real property, fixtures, furnishings, equipment, or personal property to an institution of higher education for a legal purpose of the institution, on the terms the corporation's board of directors considers advisable and not in conflict with this subtitle.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 12. PLANNING AND DEVELOPMENT","SUBTITLE C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 501. PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS","SUBCHAPTER D. CORPORATE POWERS AND LIMITATIONS RELATING TO PROJECTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.501.htm#501.154","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"65b48f0b36beab38dd6aaa594a67a6e31c4eda2a98b6f727dace883e0fe02a1c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-501.153","next":"us-tx/tex.-local-government-code-501.155"},"notice":"GroundRules: Original legal text. Not legal advice."}