Texas Government Code 2165.211 – Use of Lease Proceeds
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Terms Used In Texas Government Code 2165.211
- 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
- Property: means real and personal property. See Texas Government Code 311.005
Money received from a lease under this subchapter may be used only for building and property services performed by the commission.