Tex. Spec. Dist. Local Laws Code Section 4501.105
Conditional Transfer of Property

(a)

A conveyance of authority property, including a lease, to a private operator or any other person must be conditioned on an obligation that the property must be used as provided by this section.

(b)

The conveyance must provide that ownership of authority property automatically reverts to the Parks and Wildlife Department if the authority or a private operator:

(1)

does not use the property:

(A)

to support the operations of the Texas State Railroad; or

(B)

in a manner that primarily promotes a state public interest; or

(2)

converts the Texas State Railroad to a static display.
Added by Acts 2007, 80th Leg., R.S., Ch. 568 (S.B. 1659), Sec. 1, eff. June 16, 2007.

Source: Section 4501.105 — Conditional Transfer of Property, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­4501.­htm#4501.­105 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 4501.105’s source at texas​.gov