{"data":{"id":"us-tx/tex.-natural-resources-code-161.286","jurisdiction":"us-tx","citation":"Tex. Natural Resources Code § 161.286","heading":"PURCHASE PREFERENCE.","body":"(a) The property acquired by the board becomes a part of the fund, but the veteran who has selected the land has a preference right to purchase the land from the board.\n(b) To be entitled to the preference right, the veteran shall agree in writing before the board purchases the land to purchase the land from the board for the price paid for it.\n(c) If the veteran fails or refuses to exercise the preference right, the land may be sold by the board in the same manner provided for the sale of land forfeited under this chapter.\nActs 1977, 65th Leg., p. 2670, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.","path":["NATURAL RESOURCES CODE","TITLE 7. RESOURCES PROGRAMS","CHAPTER 161. VETERANS LAND BOARD","SUBCHAPTER G. PURCHASE AND SALE OF SELECTED LAND"],"source_url":"https://statutes.capitol.texas.gov/Docs/NR/htm/NR.161.htm#161.286","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:28Z","sha256":"e6ced9129464c6dd6bd54cc712d369cb1cda1360f85ecc122b86e5d52b6f09c9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-natural-resources-code-161.285","next":"us-tx/tex.-natural-resources-code-161.287"},"notice":"GroundRules: Original legal text. Not legal advice."}