Tex. Government Code § 2167.056
OPTION TO PURCHASE
Texas · Texas Government Code · Status: effective
Cite this
- Citation
- Tex. Government Code § 2167.056, OPTION TO PURCHASE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/662907
- Permanent ID
ys:prov:662907@1- SHA-256
ac29c705736aa8f1e445cc2cdf328743096504ff2508224f22e3e5a39b6ee67b
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) If the commission considers it advisable, the commission may lease space for a state agency under a contract that contains an option for the commission to purchase the space subject to the legislature's appropriation of money for the purchase.
(b) A lease contract containing the option must indicate:
(1) the amount that will accumulate and be credited toward the purchase at various times during the lease term; and
(2) the purchase price of the property at the beginning of each fiscal biennium during the lease term.