Texas § 2116.072 PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.

Texas Statutes

§ 2116.072 — PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.

Texas § 2116.072

Code GVGovernment Code

This text of Texas § 2116.072 (PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 2116.072 (2026).

Text

Sec. 2116.072. PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES. The comptroller may:

(1)acquire a building that is subject to a lease by a private tenant and may continue or renew a lease for the building if the comptroller determines that doing so is advantageous to this state; and

(2)renegotiate the terms of a lease described by Subdivision (1) to obtain terms that are more favorable to this state.

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Sec. 2116.072. PURCHASE OF BUILDING SUBJECT TO EXISTING LEASES. The comptroller may:
(1) acquire a building that is subject to a lease by a private tenant and may continue or renew a lease for the building if the comptroller determines that doing so is advantageous to this state; and
(2) renegotiate the terms of a lease described by Subdivision (1) to obtain terms that are more favorable to this state.