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Current as of January 01, 2024 | Updated by Findlaw Staff
The office may agree to execute a games support contract only if:
(1) the office determines that:
(A) this state's assurances and obligations under the contract are reasonable; and
(B) any financial commitment of this state will be satisfied exclusively by recourse to the Pan American Games trust fund or the Olympic Games trust fund, as applicable; and
(2) the endorsing municipality or endorsing county has executed an agreement with a site selection organization that contains substantially similar terms.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 475.0054. Prerequisite for Execution of Games Support Contract - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-475-0054/
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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