Texas Education Code 74.704 – Facilities
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(a) The physical facilities of the center used in teaching and research programs, including libraries, auditoriums, research facilities, and health education buildings, may be provided by a public or private entity. The board of regents may lease the facilities that are to be used as the physical facilities of the center.
(b) A teaching hospital considered suitable by the board of regents may be provided by a public or private entity. The hospital may not be constructed, maintained, or operated with state funds.
Terms Used In Texas Education Code 74.704
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC