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Texas Education Code - Section 73.501. Transfer And Lease Of Facilities

Legal Research Home > Texas Laws > Education Code > Texas Education Code - Section 73.501. Transfer And Lease Of Facilities

§ 73.501. TRANSFER AND LEASE OF FACILITIES.  (a) The 
governance, operation, management, and control of the Texas 
Research Institute of Mental Sciences created by Chapter 427, Acts 
of the 55th Legislature, Regular Session, 1957, as amended (Article 
3174b-4, Vernon's Texas Civil Statutes), and all land, buildings, 
improvements thereon, and major fixed equipment comprising said 
institute shall be leased from the Texas Department of Mental 
Health and Mental Retardation and transferred to the board of 
regents of The University of Texas System for $1 a year and shall be 
subject to the provisions of Subdivision (9) of Subsection (a) of 
Section 65.02 of the Education Code.
	(b)  All land, buildings, and improvements thereon and major 
fixed equipment comprising said institute leased by The University 
of Texas System shall be utilized only for purposes of patient care 
services, research, and education related to mental health and 
mental retardation.  The Texas Department of Mental Health and 
Mental Retardation may sell or otherwise dispose of the land, 
buildings, improvements thereon, or major fixed equipment provided 
that the proceeds from the sale or other disposition shall be used 
for the same purposes in Harris County;  and further provided, that 
the board of regents of The University of Texas System, prior to 
such sale or other disposition, has approved of such sale or 
disposition and the allocation of proceeds.

Added by Acts 1985, 69th Leg., ch. 848, § 1, eff. Sept. 1, 1985.           

Last modified: August 11, 2007