Texas Government Code 437.158 – Transfer to State
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Terms Used In Texas Government Code 437.158
- Property: means real and personal property. See Texas Government Code 311.005
When property that the Texas Public Finance Authority owns in accordance with § 437.159 is fully paid for and free of liens and all obligations incurred in connection with the acquisition and construction of the property have been fully paid, the Texas Public Finance Authority shall donate and transfer the property to the department by appropriate instruments of transfer. The instruments of transfer shall be kept in the custody of the department.