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Tex. Transportation Code § 202.027

This is the official text of Tex. Transportation Code § 202.027, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.

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.

§ 202.027. REIMBURSEMENT TO COUNTY OR MUNICIPALITY.

Official statutory text

(a) If real property owned by the state and sold under this subchapter was acquired by a county or municipality and if a part of that acquisition cost was reimbursed to the county or municipality by the state, the department may pay the county or municipality a percentage of the proceeds of the sale that is equal to the percentage of the value or cost not reimbursed to the county or municipality at the time of the initial acquisition.

(b) Reimbursement under this section applies only to real property that the commission determines was never used for the purpose for which it was acquired.

Status: in_force · Read it on the official government site

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