Tex. Occupations Code § 2026.006
LEASE OF RACETRACK PREMISES
Texas · Texas Occupations Code · Status: effective
Cite this
- Citation
- Tex. Occupations Code § 2026.006, LEASE OF RACETRACK PREMISES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/704239
- Permanent ID
ys:prov:704239@1- SHA-256
60061def792e8fa08ba37b68c7dfd75e42edc14cd117c7bde7ea225890ef7e57
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) The commission by rule may authorize a racetrack association, as lessee, to contract for the lease of a racetrack and the surrounding structures.
(b) The commission may not approve a lease if:
(1) the lease appears to be a subterfuge to evade compliance with Section 2025.101 or 2025.201;
(2) the racetrack and surrounding structures do not conform to the rules adopted under this subtitle; or
(3) the lessee, prospective lessee, or lessor is disqualified from holding a racetrack license.
(c) Each lessor and lessee under this section must comply with the disclosure requirements of Section 2025.052(a)(1). The commission may not approve a lease if the lessor and lessee do not provide the required information.