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Tex. Gov't Code § 2175.191

PROCEEDS OF SALE

Known as the State Purchasing and General Services Act

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

Added by Acts 2001, 77th Leg., ch. 1422, Sec. 11.03, eff

(a) Proceeds from the sale of surplus or salvage property, less the cost of advertising the sale, the cost of selling the surplus or salvage property, including the cost of auctioneer services or assistance from a private vendor, and the amount of the fee collected under Section 2175.188, shall be deposited to the credit of the general revenue fund of the state treasury.

(b) Repealed by Acts 2003, 78th Leg., ch. 309, Sec. 7.37.

(c) Proceeds from the sale of surplus and salvage property of the Texas Department of Transportation relating to the department's duties under Chapter 2205 shall be deposited to the credit of the department.

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