§ 2116.071 Acquisition of Real Property
§ 2116.072 Purchase of Building Subject to Existing Leases
§ 2116.073 Leasing Property and Use of Lease Proceeds
§ 2116.074 Title to and Control of Real Property
§ 2116.075 Borrowing Money; Issuing and Selling Bonds

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