Texas Government Code Chapter 2116 > Subchapter C – Acquisition of Real Property for Depository
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Government Code Chapter 2116 > Subchapter C - Acquisition of Real Property for Depository
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Conviction: A judgement of guilt against a criminal defendant.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Rule: includes regulation. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005