Tex. Educ. Code § 130.0021
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A public junior college or a public junior college district may donate, exchange, convey, sell, or lease land, improvements, or any other interest in any real property for less than the fair market value of the real property interest if the donation, conveyance, exchange, sale, or lease is being made to a university system and the governing board of the public junior college or the public junior college district also finds that the donation, conveyance, exchange, sale, or lease of the interest promotes a public purpose related to higher education within the service area of the public junior college or the public junior college district.
Tex. Educ. Code § 130.0021