Texas § TN.202.052 - LEASE AUTHORITY
Full text of Texas The Texas Constitution § TN.202.052 — LEASE AUTHORITY, with citation guidance and answers to common questions.
§ TN.202.052. LEASE AUTHORITY
LEASE AUTHORITY. (a) The department may lease a highway asset, part of a right-of-way, or airspace above or underground space below a highway that is a part of the state highway system if the department determines that the interest to be leased will not be needed for a highway purpose during the term of the lease. (b) The lease may be for any purpose that is not inconsistent with applicable highway use. (c) The department shall charge not less than fair market value for the highway asset, payable in cash, services, tangible or intangible property, or any combination of cash, services, or property. (d) The department may authorize exceptions to the charges under Subsection (c) for: (1) the lease of a highway asset to a public utility provider; (2) a lease for a social, environmental, or economic mitigation purpose; or (3) a lease to an institution of higher education for a purpose of the institution. (e) In this section, "institution of higher education" has the meaning assigned by Section 61.003 , Education Code. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. 165, Sec. 30.10(a), eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. 1171, Sec. 1.19, eff. Sept. 1, 1997.
Frequently Asked Questions About Texas § TN.202.052
What does The Texas Constitution § TN.202.052 cover?
Section TN.202.052 ("LEASE AUTHORITY") 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 § TN.202.052?
A common citation format is "The Texas Constitution § TN.202.052" (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 § TN.202.052 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.