Tex. Nat. Res. Code § 161.215
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Land purchased by the board shall be acquired at the lowest price that can be obtained in the opinion of the board, taking into consideration the quality, location, natural advantages, and improvements of the land. The land shall be paid for in cash and shall be clear of all liens and shall be a part of the fund.
Tex. Nat. Res. Code § 161.215