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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Before executing a games support contract, the office must execute an agreement with the local organizing committee, endorsing municipality, or endorsing county requiring the committee, municipality, or county to repay this state any money spent by the office under this subtitle if a site selection organization selects a site for the games in this state in accordance with an application by the committee, municipality, or county.
(b) The local organizing committee, endorsing municipality, or endorsing county will make a repayment under Subsection (a) from any surplus of the committee's, municipality's, or county's money remaining after:
(1) presentation of the games; and
(2) payment of the expenses and obligations incurred by the committee, municipality, or county.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 475.0058. Repayment Agreement Required - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-475-0058/
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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