Texas § LG.263.106 - SALE
Full text of Texas The Texas Constitution § LG.263.106 — SALE, with citation guidance and answers to common questions.
§ LG.263.106. SALE
SALE. (a) The commissioners court of a county may sell land owned by the county and the air rights above the land to an individual or a private corporation or association if: (1) all existing revenue bond obligations encumbering the land have been fully discharged as to bondholders; (2) a hotel has been built on the land in conjunction with an existing convention center and the hotel has been operated continuously for at least five years from its inception; (3) the parties to an existing lease of land mutually agree to the sale of the land and the air rights; and (4) the county receives an amount for the land and air rights that is fair under the market conditions existing at the time of the sale. (b) The commissioners court may impose deed restrictions or reverters to preserve the use of the land for a purpose consistent with the construction, expansion, ownership, and operation of a hotel and related facilities in conjunction with a convention center. (c) A sale of land under this subchapter may include land appurtenant to the land on which the hotel or related facilities have been built. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Frequently Asked Questions About Texas § LG.263.106
What does The Texas Constitution § LG.263.106 cover?
Section LG.263.106 ("SALE") 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 § LG.263.106?
A common citation format is "The Texas Constitution § LG.263.106" (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 § LG.263.106 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.