DISSOLUTION — Texas Code § SD.3501.152
Texas Code § SD.3501.152 — DISSOLUTION. Reproduced from the official The Texas Constitution, with a citation summary, verification link, and related provisions.
§ SD.3501.152. DISSOLUTION
DISSOLUTION. The authority may be dissolved only: (1) when the board determines that all the functions of the authority are performed and completed; (2) after all debts or obligations have been satisfied or retired with the assets of the authority; and (3) after any remaining real property and other assets of the authority have been conveyed or transferred: (A) to Texas Tech University, if approved by the Board of Regents of the Texas Tech University System; or (B) if Texas Tech University declines to accept any remaining real property and other assets of the authority, to the City of Lubbock. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005. Amended by: Acts 2025, 89th Leg., R.S., Ch. 228 (H.B. 5092 ), Sec. 7, eff. September 1, 2025.
Source: official Texas text · Last verified 2026-08-27
At a glance
- Citation: The Texas Constitution § SD.3501.152
- Jurisdiction: Texas
- Code: The Texas Constitution
- Subject: DISSOLUTION
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official The Texas Constitution. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Texas attorney.
Common questions
What is the source of The Texas Constitution § SD.3501.152?
The text above is transcribed from the The Texas Constitution, the codified statutes of Texas. The official publisher link appears under "Verify the text" on this page.
What subject does The Texas Constitution § SD.3501.152 address?
It addresses "DISSOLUTION". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is The Texas Constitution § SD.3501.152 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Texas source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Texas law to your facts requires a licensed Texas attorney who can review the specifics.