Text of section effective on April 01, 2021
Sec. 5012.0106. LEASE OF AUTHORITY FACILITIES. A lease under Section 60.101, Water Code, may contain any provision the commission determines is advantageous to the authority, including a provision for:
(1) the sale of a leased property at the termination of the lease; and
(2) the management and operation of a leased property by the lessee.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.01, eff. April 1, 2021.
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