(a) Each regional education service center may purchase or lease property or acquire property through lease-purchase and may incur debts for that purpose. Any transaction under this subsection is subject to the approval of the board of directors.
(b) Any transaction under this subsection involving real property is subject to the approval of the board of directors and the commissioner.
(c) Each regional education service center may dispose of property in the manner and on the terms that the board of directors determines.
Official text of the Texas Education Code as published by the Texas Legislative Council.