Texas Health and Safety Code 285.051 – Authority of Governing Body
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(a) The governing body of a hospital district by resolution may order the sale, lease, or closing of all or part of a hospital owned and operated by the hospital district, including real property. The resolution must include a finding by the governing body that the sale, lease, or closing is in the best interest of the residents of the hospital district.
(b) A sale or closing may not take effect before the expiration of the period in which a petition may be filed under § 285.052.
Terms Used In Texas Health and Safety Code 285.051
- 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
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.