Text of section effective on April 01, 2021
Sec. 475.0056. JOINDER AGREEMENT TERMS. The office may agree in a joinder agreement that this state will:
(1) provide or cause to be provided all of the governmental funding, facilities, and other resources specified in the local organizing committee's, endorsing municipality's, or endorsing county's bid to host the games;
(2) be bound by the terms of, cause the local organizing committee, endorsing municipality, or endorsing county to perform, and guarantee performance of the committee's, municipality's, or county's obligations under contracts relating to selecting a site in this state for the games; and
(3) be jointly and severally liable with the local organizing committee, endorsing municipality, or endorsing county for:
(A) an obligation of the committee, municipality, or county to a site selection organization, including an obligation indemnifying the organization against a claim of and liability to a third party arising out of or relating to the games; and
(B) any financial deficit relating to the games.
Added by Acts 2019, 86th Leg., R.S., Ch. 301 (H.B. 4174), Sec. 1.01, eff. April 1, 2021.