(a) The board may lease district property, including facilities or equipment, to individuals, companies, corporations, or other legal entities on terms the board determines further the district's purposes.(b) The term of a lease under this section may not exceed 99 years. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.Amended by: Acts 2009, 81st Leg., R.S., Ch. 549 (S.B. 1712), Sec. 1, eff. June 19, 2009.
Texas Legal Code