Texas § GV.1501.207 - SALE OF DISTRICT PROPERTY
Full text of Texas The Texas Constitution § GV.1501.207 — SALE OF DISTRICT PROPERTY, with citation guidance and answers to common questions.
§ GV.1501.207. SALE OF DISTRICT PROPERTY
SALE OF DISTRICT PROPERTY. A district may sell to a municipality, and the municipality may buy, district property only if the purchase price paid, when added to other applicable money of the district, is sufficient to provide for the payment of: (1) all outstanding district bonds, including interest on the bonds to: (A) the maturity dates of the bonds; or (B) the dates the district sets for redemption of the bonds; (2) any required redemption premium; and (3) any applicable fee of the bank of payment. 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.1501.207
What does The Texas Constitution § GV.1501.207 cover?
Section GV.1501.207 ("SALE OF DISTRICT PROPERTY") 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.1501.207?
A common citation format is "The Texas Constitution § GV.1501.207" (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.1501.207 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.