Texas § GV.1232.202 - CONTRACTS CONTINGENT ON LEGISLATIVE APPROPRIATIONS
Full text of Texas The Texas Constitution § GV.1232.202 — CONTRACTS CONTINGENT ON LEGISLATIVE APPROPRIATIONS, with citation guidance and answers to common questions.
§ GV.1232.202. CONTRACTS CONTINGENT ON LEGISLATIVE APPROPRIATIONS
CONTRACTS CONTINGENT ON LEGISLATIVE APPROPRIATIONS. (a) Each lease or installment sale contract entered into under this chapter is contingent on the legislature's appropriation of sufficient funds. (b) The board may act as necessary to ensure that the payment of the principal of and interest on obligations is continued without interruption if: (1) sufficient appropriated funds are unavailable; (2) the commission or another state agency fails to pay a rental or installment; or (3) the commission or another state agency fails to renew a lease contract. (c) Permissible actions under Subsection (b) include: (1) the re-leasing or subleasing of buildings or equipment to any entity; and (2) the repossession and resale of equipment to any entity. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.1232.202
What does The Texas Constitution § GV.1232.202 cover?
Section GV.1232.202 ("CONTRACTS CONTINGENT ON LEGISLATIVE APPROPRIATIONS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.1232.202?
A common citation format is "The Texas Constitution § GV.1232.202" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.1232.202 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.