Acquisition of Property by Agreement

Regional 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

Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.