Texas § HS.362.011 - AUTHORITY TO ACQUIRE AND TRANSFER PROPERTY
Full text of Texas The Texas Constitution § HS.362.011 — AUTHORITY TO ACQUIRE AND TRANSFER PROPERTY, with citation guidance and answers to common questions.
§ HS.362.011. AUTHORITY TO ACQUIRE AND TRANSFER PROPERTY
AUTHORITY TO ACQUIRE AND TRANSFER PROPERTY. (a) An issuer may acquire, construct, and improve a system for lease or sale as provided by this chapter and may acquire real property as the issuer considers appropriate for the system. (b) An issuer may lease its system to another person. (c) An issuer may sell a system, by installment payments or other method of payment, to any person on conditions the issuer considers desirable. (d) A lease or sales contract entered into under this chapter may be for the term agreed to by the parties, and must provide that it continues in effect until the bonds specified in the lease or contract, or refunding bonds issued in place of those bonds, are fully paid. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § HS.362.011
What does The Texas Constitution § HS.362.011 cover?
Section HS.362.011 ("AUTHORITY TO ACQUIRE AND TRANSFER 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 § HS.362.011?
A common citation format is "The Texas Constitution § HS.362.011" (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 § HS.362.011 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.