Texas Natural Resources Code 71.003 – Governing Body to Exercise Authority
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Terms Used In Texas Natural Resources Code 71.003
- 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
The governing body of the political subdivision which is vested by law with management, control, and supervision of the political subdivision shall exercise the right to lease the land.