106.35 – ACQUISITION AND DISPOSITION OF LAND. (a) The
Texas Education Code § 106.35
Summary
This law allows university boards to acquire or dispose of land for higher education purposes. It enables the purchase, sale, or lease of real property to support university operations and adds lease proceeds to the university's general funds.
Boards can acquire or dispose of land for educational purposes.
Proceeds from leases contribute to university general funds.
Transactions include purchase, exchange, and leasing of property.
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In simple terms: Learn about Texas's ACQUISITION AND DISPOSITION OF LAND. (a) The law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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