Texas § NR.31.0672 - AUTHORITY TO CONDUCT CERTAIN REAL PROPERTY TRANSACTIONS
Full text of Texas The Texas Constitution § NR.31.0672 — AUTHORITY TO CONDUCT CERTAIN REAL PROPERTY TRANSACTIONS, with citation guidance and answers to common questions.
§ NR.31.0672. AUTHORITY TO CONDUCT CERTAIN REAL PROPERTY TRANSACTIONS
AUTHORITY TO CONDUCT CERTAIN REAL PROPERTY TRANSACTIONS. (a) The division may directly sell to a political subdivision or a development corporation organized under Subtitle C1, Title 12, Local Government Code, any real property owned by the state that the legislature has authorized or the governor has approved for sale under Subchapter E if the commissioner determines the sale is in the best interest of the state. (b) The governor must approve any sale of real property under this section. Failure of the governor to approve the sale constitutes a veto of the transaction. (c) A sale of real property under this chapter must be for market value and under other terms and conditions the commissioner determines to be in the best interest of the state. Added by Acts 2003, 78th Leg., ch. 1091, Sec. 13, eff. June 20, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 156 (S.B. 1509 ), Sec. 1, eff. May 21, 2007. Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969 ), Sec. 16.001, eff. September 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § NR.31.0672
What does The Texas Constitution § NR.31.0672 cover?
Section NR.31.0672 ("AUTHORITY TO CONDUCT CERTAIN REAL PROPERTY TRANSACTIONS") 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 § NR.31.0672?
A common citation format is "The Texas Constitution § NR.31.0672" (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 § NR.31.0672 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.