Texas § 3501.151 LEGISLATIVE INTENT.

Texas Statutes

§ 3501.151 — LEGISLATIVE INTENT.

Texas § 3501.151

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 3501.151 (2026).

Text

Sec. 3501.151. LEGISLATIVE INTENT.

(a)The legislature intends that the authority transfer ownership of portions of the base property to Texas Tech University in a manner authorized by this chapter as necessary for the purposes of an agreement described by Section 3501.102 (b)(28). The agreement may provide for the continued operation of the authority after the transfer.

(b)The legislature intends that the authority be dissolved under Section 3501.152 after conveyance or transfer of all of the base property.

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Sec. 3501.151. LEGISLATIVE INTENT. (a) The legislature intends that the authority transfer ownership of portions of the base property to Texas Tech University in a manner authorized by this chapter as necessary for the purposes of an agreement described by Section 3501.102 (b)(28). The agreement may provide for the continued operation of the authority after the transfer.
(b) The legislature intends that the authority be dissolved under Section 3501.152 after conveyance or transfer of all of the base property.

Legislative History

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005. Amended by: Acts 2025, 89th Leg., R.S., Ch. 228 (H.B. 5092 ), Sec. 7, eff. September 1, 2025.