Texas § TN.457.101 - ACQUIRING AND DISPOSING OF PROPERTY
Full text of Texas The Texas Constitution § TN.457.101 — ACQUIRING AND DISPOSING OF PROPERTY, with citation guidance and answers to common questions.
§ TN.457.101. ACQUIRING AND DISPOSING OF PROPERTY
ACQUIRING AND DISPOSING OF PROPERTY. (a) An authority may acquire, hold, use, sell, lease, or dispose of property, including licenses, patents, rights, and other interests, necessary, convenient, or useful for the full exercise of any of its powers under this chapter. (b) The authority may acquire property described in Subsection (a) in any manner, including by gift or devise. (c) An authority may dispose of, by sale, lease, or other conveyance: (1) any property of the authority not needed for the efficient operation and maintenance of the transit authority system; and (2) any surplus property not needed for its requirements or for the purpose of carrying out its powers under this chapter. (d) The lease of unneeded property under Subsection (c) must be consistent with the efficient operation and maintenance of the transit authority system. Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § TN.457.101
What does The Texas Constitution § TN.457.101 cover?
Section TN.457.101 ("ACQUIRING AND DISPOSING OF 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 § TN.457.101?
A common citation format is "The Texas Constitution § TN.457.101" (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.457.101 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.