Adjustment Or Termination of Project For Failure To Meet Financial Objectives

Tex. Parks and Wildlife Code § 11.155, under Parks and Wildlife Department.

Tex. Parks and Wildlife Code § 11.155

Sec. 11.155. ADJUSTMENT OR TERMINATION OF PROJECT FOR FAILURE TO MEET FINANCIAL OBJECTIVES. (a) Except as provided by Subsection (b), the department shall adjust or terminate a statewide commercial project that fails to meet the financial objectives stated in the project's plan. (b) This section does not apply if the department determines that the project possesses a positive public relations value or fulfills a useful educational purpose. Added by Acts 2001, 77th Leg., ch. 968, Sec. 26, eff. Sept. 1, 2001.