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Tex. Educ. Code § 11.154

SALE OF PROPERTY OTHER THAN MINERALS

Applied in 2 court decisions — leading case Jordan v. Bustamante (2005)

Most recently applied in Jordan v. Bustamante (March 2005)

Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff

(a) The board of trustees of an independent school district may, by resolution, authorize the sale of any property, other than minerals, held in trust for public school purposes.

(b) The president of the board of trustees shall execute a deed to the purchaser of the property reciting the resolution of the board of trustees authorizing the sale.

(c) A school district may employ, retain, contract with, or compensate a licensed real estate broker or salesperson for assistance in the acquisition or sale of real property.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.