Tex. Local Government Code § 379C.004
This is the official text of Tex. Local Government Code § 379C.004, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 379C.004. URBAN LAND BANK DEMONSTRATION PROGRAM.
Official statutory text
(a) The governing body of a municipality may adopt an urban land bank demonstration program in which the officer charged with selling real property ordered sold pursuant to foreclosure of a tax lien may sell certain eligible real property by private sale for affordable housing development or other purposes as provided by this chapter.
(b) The governing body of a municipality that adopts an urban land bank demonstration program shall establish or approve a land bank for the purpose of acquiring, holding, and transferring unimproved real property under this chapter.
(b) The governing body of a municipality that adopts an urban land bank demonstration program shall establish or approve a land bank for the purpose of acquiring, holding, and transferring unimproved real property under this chapter.
Status: in_force · Read it on the official government site
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