Texas Government Code 2054.115 – Sale or Lease of Software
Current as of: 2024 | Check for updates
|
Other versions
(a) A state agency that develops automated information systems software may enter a contract with an individual or company for the sale, lease, marketing, or other distribution of the software.
(b) The state agency shall obtain under the contract a royalty, license right, or other appropriate means of securing appropriate compensation for the development of the software.
Terms Used In Texas Government Code 2054.115
- Contract: A legal written agreement that becomes binding when signed.
- 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
(c) Money received under the contract shall be deposited to the credit of the fund from which the development of the software was financed.
(d) To the extent of a conflict between this section and another provision of state law relating to automated information systems software, the other provision prevails.