Tex. Local Government Code § 373B.005
This is the official text of Tex. Local Government Code § 373B.005, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 373B.005. OWNERSHIP OF LAND AND HOUSING UNITS.
Official statutory text
A community land trust may retain title to land it acquires and may:
(1) sell housing units located on the land and lease the land under ground leases with terms of at least 99 years; or
(2) lease housing units located on the land.
(1) sell housing units located on the land and lease the land under ground leases with terms of at least 99 years; or
(2) lease housing units located on the land.
Status: in_force · Read it on the official government site
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