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Tex. Health & Safety Code § 383.011

AUTHORITY TO ACQUIRE AND TRANSFER PROPERTY

Known as the Clean Air Financing Act

The act spans §§ 383–383 (25 sections).

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff

(a) An issuer may acquire, construct, and improve a control facility and may acquire real property as the issuer considers appropriate for the control facility.

(b) An issuer may enter into a lease or other contract under which another person uses or acquires the issuer's control facility. An issuer may sell a control facility, by installment payments or otherwise, to any person on conditions the issuer considers desirable.

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