(a) The land office shall enter into an agreement with the Daughters of the Republic of Texas for the management, operation, and financial support of the Alamo complex.
(b) The agreement at a minimum must:
(1) detail the expectations and goals of the land office and the Daughters of the Republic of Texas, including the transfer of any state money held in trust for the Alamo by the Daughters of the Republic of Texas and the property described in Subsection (d);
(2) outline the management and operation of the Alamo complex;
(3) establish management standards;
(4) provide for oversight by the land office;
(5) address funding and payment for costs;
(6) address equipment;
(7) establish insurance requirements;
(8) address compliance with local, state, and federal building and operation laws;
(9) address construction, maintenance, and repair;
(10) establish the term of the agreement;
(11) require submission of financial information from the Daughters of the Republic of Texas, excluding chapters of the organization;
(12) address ownership by this state of the Alamo complex and its contents;
(13) include a dispute resolution process;
(14) provide that the laws of this state govern the agreement; and
(15) include notice requirements.

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Terms Used In Texas Natural Resources Code 31.453

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Trustee: A person or institution holding and administering property in trust.

(c) The land office may enter into the agreement required by Subsection (a) only if the Daughters of the Republic of Texas is a properly formed nonprofit corporation in this state in accordance with § 2.008, Business Organizations Code, and is exempt from income taxation under Section 501(c)(3), Internal Revenue Code of 1986.
(d) All property received by the Daughters of the Republic of Texas in its capacity as custodian or trustee of the Alamo for the benefit of the Alamo is subject to the requirements of this subchapter and the agreement required by this section.