Texas Finance Code 64.102 – Disposal of Other Real Property
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Finance Code 64.102
- Property: means real and personal property. See Texas Government Code 311.005
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
An association shall dispose of real property, other than real property described by Section 64.101, that is acquired by the association in the course of the association’s business not later than the fifth anniversary of the date on which it is acquired unless the commissioner extends the time for disposal.