Texas Health and Safety Code 261.011 – Authority of Governing Body
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(a) The governing body of a municipality by ordinance may order the sale, lease, or closure of all or part of a hospital owned and operated by the municipality, including real property. The ordinance must include a finding by the governing body that the sale, lease, or closure is in the best interest of the residents of the municipality.
(b) A sale or closure may not take effect before the expiration of the period in which a petition may be filed under § 261.012.
Terms Used In Texas Health and Safety Code 261.011
- 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
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.