Tex. Transp. Code § 457.105 – Contracts; Acquisition of Property by Agreement | Midpage

Collections
Texas Statutes

§ 457.105

Tex. Transp. Code § 457.105

Contracts; Acquisition of Property by Agreement

Effective Sep 1, 1997Added by Acts 1997, 75th Leg., ch. 165

(a) An authority may contract with any person and may accept a grant or loan from any person.
(b) An authority may acquire rolling stock or other property under a contract or trust agreement, including a conditional sales contract, lease, and equipment trust certificate.

Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.