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 Texas Administrative Code (Last Updated: March 27,2024)
 TITLE 19. EDUCATION
 PART 2. TEXAS EDUCATION AGENCY
 CHAPTER 100. CHARTERS
 SUBCHAPTER AA. COMMISSIONER'S RULES CONCERNING OPEN-ENROLLMENT CHARTER SCHOOLS
 DIVISION 4. PROPERTY OF OPEN-ENROLLMENT CHARTER SCHOOLS

  SECTION 100.1065. Property Acquired with State Funds Received Before September 1, 2001--Special Rules  

Latest version.
  • (a) Non-public property.

    (1) An interest in personal property acquired, improved, and maintained solely using state funds that were received by the charter holder before September 1, 2001, is non-public property. If any part of the state funds used were received on or after September 1, 2001, then subsection (b) of this section applies to that property.

    (2) An interest in real estate acquired, improved, and maintained using less than 50% state funds is non-public property if all state funds used were received before September 1, 2001. If any part of the state funds used were received on or after September 1, 2001, then subsection (b) of this section applies to that property.

    (3) Non-public property under this section is exempt from §100.1063 of this title (relating to Use of Public Property by a Charter Holder) and exempt from §100.1067 of this title (relating to Possession and Control of the Public Property of a Former Charter Holder). However, non-public property under this section must be included in the exhibit required by §100.1063(f).

    (b) Public property.

    (1) An interest in real estate acquired, improved, or maintained using 50% or more state funds is public property, even if all the state funds used were received by the charter holder before September 1, 2001.

    (2) An interest in real estate acquired, improved, or maintained partly using state funds received on or after September 1, 2001, and partly using state funds received before September 1, 2001, is public property.

    (3) An interest in personal property acquired, improved, or maintained partly using state funds received on or after September 1, 2001, and partly using state funds received before September 1, 2001, is public property.

    (4) Public property under this section is subject to §100.1063 of this title (relating to Use of Public Property by a Charter Holder).

    (5) Public property under this section is subject to §100.1067 of this title (relating to Possession and Control of the Public Property of a Former Charter Holder) only to the extent it was acquired, improved, or maintained using state funds received on or after September 1, 2001.

Source Note: The provisions of this §100.1065 adopted to be effective November 6, 2001, 26 TexReg 8828