Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 32.253 - Purpose of Trade Land dedicated to or acquired for the use and benefit of the permanent school fund may be traded to:
(1) aggregate sufficient acreage of contiguous land to create a manageable unit;(2) acquire land having unique biological, geological, cultural, or recreational value;(3) create a buffer zone for the enhancement of already existing public land, facilities, or amenities; or(4) acquire land for the use and benefit of the permanent school fund as determined by the board to be in the best interest of the fund.Tex. Nat. Res. Code § 32.253
Amended By Acts 2009, 81st Leg., R.S., Ch. 1175, Sec. 12, eff. 6/19/2009.Added by Acts 2003, 78th Leg., ch. 1276, Sec. 13.001(a), eff. 9/1/2003.