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Current as of January 01, 2024 | Updated by Findlaw Staff
The comptroller may:
(1) acquire a building that is subject to a lease by a private tenant and may continue or renew a lease for the building if the comptroller determines that doing so is advantageous to this state; and
(2) renegotiate the terms of a lease described by Subdivision (1) to obtain terms that are more favorable to this state.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2116.072. Purchase of Building Subject to Existing Leases - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2116-072/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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