Texas § GV.2167.056 - OPTION TO PURCHASE
Full text of Texas The Texas Constitution § GV.2167.056 — OPTION TO PURCHASE, with citation guidance and answers to common questions.
§ GV.2167.056. OPTION TO PURCHASE
OPTION TO PURCHASE. (a) If the commission considers it advisable, the commission may lease space for a state agency under a contract that contains an option for the commission to purchase the space subject to the legislature's appropriation of money for the purchase. (b) A lease contract containing the option must indicate: (1) the amount that will accumulate and be credited toward the purchase at various times during the lease term; and (2) the purchase price of the property at the beginning of each fiscal biennium during the lease term. Added by Acts 1995, 74th Leg., ch. 41, Sec. 1, eff. Sept. 1, 1995. SUBCHAPTER C. COMMISSION AND STATE AGENCY POWERS AND DUTIES RELATED TO LEASED SPACE
Frequently Asked Questions About Texas § GV.2167.056
What does The Texas Constitution § GV.2167.056 cover?
Section GV.2167.056 ("OPTION TO PURCHASE") 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.2167.056?
A common citation format is "The Texas Constitution § GV.2167.056" (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.2167.056 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.