Tex. Local Government Code § 379H.105
This is the official text of Tex. Local Government Code § 379H.105, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 379H.105. RECORDS AND REPORTS.
Official statutory text
(a) A land bank shall keep accurate minutes of the land bank's meetings and shall keep accurate records and books of account that conform with generally accepted principles of accounting and that clearly reflect the income and expenses of the land bank and all transactions in relation to the land bank's real property.
(b) A land bank shall maintain and make available for public review and inspection:
(1) an inventory of all real property held by the land bank;
(2) a copy of the sale settlement statement for each real property sold or transferred to a third party; and
(3) a copy of the performance report filed under Subsection (e).
(c) Not later than the 90th day after the end of the fiscal year of the municipality that created the land bank, the land bank shall file with the municipality an annual audited financial statement prepared by a certified public accountant.
(d) Financial transactions of a land bank are subject to audit by the municipality that created the land bank.
(e) For purposes of evaluating the effectiveness of a land bank created under this chapter, a land bank shall submit an annual performance report to the municipality that created the land bank not later than November 1 of each year in which the land bank acquires or sells real property in accordance with this chapter.
(b) A land bank shall maintain and make available for public review and inspection:
(1) an inventory of all real property held by the land bank;
(2) a copy of the sale settlement statement for each real property sold or transferred to a third party; and
(3) a copy of the performance report filed under Subsection (e).
(c) Not later than the 90th day after the end of the fiscal year of the municipality that created the land bank, the land bank shall file with the municipality an annual audited financial statement prepared by a certified public accountant.
(d) Financial transactions of a land bank are subject to audit by the municipality that created the land bank.
(e) For purposes of evaluating the effectiveness of a land bank created under this chapter, a land bank shall submit an annual performance report to the municipality that created the land bank not later than November 1 of each year in which the land bank acquires or sells real property in accordance with this chapter.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.