Texas § 202.113 DISPOSAL OF SURPLUS PROPERTY.

Texas Statutes

§ 202.113 — DISPOSAL OF SURPLUS PROPERTY.

Texas § 202.113

Code TNTransportation Code

This text of Texas § 202.113 (DISPOSAL OF SURPLUS PROPERTY.) 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. Transportation Code Code Ann. § 202.113 (2026).

Text

Sec. 202.113. DISPOSAL OF SURPLUS PROPERTY.

(a)Except as provided by Subsection (b), the commission shall dispose of property acquired by advance acquisition that is not needed for a transportation facility in the manner provided by Subchapter B.

(b)Notwithstanding any other law, the commission first shall offer property described by Subsection (a) for sale to the person from whom the commission acquired the property at a price that is equal to the lesser of:

(1)the price the commission paid the person to acquire the property; or

(2)the fair market value of the property at the time it is offered for sale under this subsection, taking into account any damage to the property.

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Sec. 202.113. DISPOSAL OF SURPLUS PROPERTY. (a) Except as provided by Subsection (b), the commission shall dispose of property acquired by advance acquisition that is not needed for a transportation facility in the manner provided by Subchapter B.
(b) Notwithstanding any other law, the commission first shall offer property described by Subsection (a) for sale to the person from whom the commission acquired the property at a price that is equal to the lesser of:
(1) the price the commission paid the person to acquire the property; or
(2) the fair market value of the property at the time it is offered for sale under this subsection, taking into account any damage to the property.

Legislative History

Added by Acts 2003, 78th Leg., ch. 1325, Sec. 3.02, eff. Sept. 1, 2003. Amended by: Acts 2017, 85th Leg., R.S., Ch. 862 (H.B. 2646 ), Sec. 3, eff. June 15, 2017.