Tex. Gov't Code § 442.158

OWNERSHIP AND ACQUISITION OF PROPERTY

Added by Acts 2025, 89th Leg., R.S., Ch. 948 (H.B. 4187), Sec. 10, eff

The foundation:

(1) retains ownership of property purchased using the foundation's money and held in the foundation's name; and

(2) may acquire items by gift, grant, or purchase using the foundation's money.

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