1401.083 – RIGHTS TO FINANCED PROPERTY. (a) Property
Texas Government Code § 1401.083
Summary
This law clarifies that property financed by the authority remains separate from other attached or incorporated property. It establishes that state agencies have lessee rights to such financed property, limiting the rights of others claiming through the agency.
Financed property remains distinct from attached property.
State agencies hold lessee rights to financed property.
Claims by others cannot exceed the agency's rights.
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In simple terms: Learn about Texas's RIGHTS TO FINANCED PROPERTY. (a) Property 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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