Transportation Code › Title 6 › Chapter 451 › Subchapter B

Texas Transportation Code § 451.057

Acquisition of Property by Agreement

Metropolitan Rapid Transit Authorities · Powers of Authorities

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.

Official text of the Texas Transportation Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.