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Tex. Gov't Code § 2165.156

DEPOSIT OF LEASE PROCEEDS

Known as the State Purchasing and General Services Act

The act spans §§ 2151.001 to 2177.010 (567 sections).

Added by Acts 1995, 74th Leg., ch. 41, Sec. 1, eff

Money received from a lease under this subchapter, minus the amount spent for advertising and leasing expenses, shall be deposited:

(1) in the state treasury to the credit of the general revenue fund; or

(2) if the land leased belongs to an eleemosynary institution for which there is an appropriate special fund, to the credit of the institution in the appropriate special fund.

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