Transportation Code › Title 6 › Chapter 453 › Subchapter G

Texas Transportation Code § 453.308

Pledge of Revenue Limited

Municipal Transit Departments · Bonds

The expenses of operation and maintenance of a transit department system, including salaries, labor, materials, and repairs necessary to provide efficient service and every other proper item of expense, are a first lien and charge against any revenue of a transit department that is encumbered under this chapter.

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.