§ 442.158

Tex. Gov't Code § 442.158

Ownership and Acquisition of Property

Effective Sep 1, 2025Added by Acts 2025, 89th Leg., R.S., Ch. 948 (H.B. 4187)

The foundation:

(1) retains ownership of property purchased using the foundation's money and held in the foundation's name; and
(2) may acquire items by gift, grant, or purchase using the foundation's money.

Added by Acts 2025, 89th Leg., R.S., Ch. 948 (H.B. 4187), Sec. 10, eff. September 1, 2025.