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Chapter 431

Texas Transportation Corporation Act

Subchapter A. General Provisions

431.001 Short Title 431.002 Purposes; Liberal Construction 431.003 Definitions 431.004 Open Meetings 431.005 Open Records 431.006 Application of Texas Non-Profit Corporation Act

Subchapter B. Creation and Operation of Corporation

431.021 Purpose of Corporation 431.022 Application 431.023 Adoption of Resolution 431.024 Form of Corporation 431.025 Articles of Incorporation 431.026 Delivery and Filing of Certificate of Incorporation 431.027 Effect of Issuance of Certificate of Incorporation 431.028 Board 431.029 Advisory Directors 431.030 Bylaws 431.031 Quorum 431.032 Indemnification 431.033 Exemption from Taxation 431.034 Income of Transportation Corporation

Subchapter C. Corporate Powers

431.061 Definitions 431.062 General Powers 431.063 Promotion and Development of Transportation Facilities and Systems 431.064 Alignment Studies 431.065 Contributions; Expenses 431.066 Employees and Consultants 431.067 Promotional Activities 431.068 Construction or Improvement Contracts 431.069 Location of Transportation Projects 431.070 Bonds and Notes 431.071 Approval of Bonds and Notes by Attorney General 431.072 Limitation to Federal or State Highway System 431.073 Project in County of 500,000 or More or Adjacent County

Subchapter D. Local Government Corporations

431.101 Creation of Local Government Corporation 431.1015 Corporations of Certain Counties for Toll Projects 431.102 Application of Chapter 431.103 Contracts with Political Subdivisions 431.104 Assumption of Powers and Duties 431.105 Contractual Authority 431.106 Public Safety Rules 431.107 Income of Local Government Corporation 431.108 Governmental Functions 431.109 Contracts for Historically Underutilized Businesses 431.110 Competitive Bidding Exception for Certain Improvements

Subchapter E. Amendment or Restatement of Articles of Incorporation

431.141 Amendment 431.142 Amendment by Board of Directors 431.143 Amendment by Commission 431.144 Contents of Articles of Amendment 431.145 Execution and Verification of Articles of Amendment 431.146 Delivery and Filing of Articles of Amendment 431.147 Suits Not Affected 431.148 Restatement of Articles 431.149 Restatement Without Additional Amendment 431.150 Restatement with Additional Amendment 431.151 Change in Board Information Not Amendment 431.152 Execution and Verification of Restatement of Articles 431.153 Delivery and Filing of Restatement of Articles

Subchapter F. Alteration or Dissolution of Corporation

431.181 Alteration or Dissolution by Commission 431.182 Dissolution by Board on Completion of Purpose 431.183 Execution of Articles of Dissolution 431.184 Delivery and Filing of Articles of Dissolution 431.185 Effect of Issuance of Certificate of Dissolution 431.186 Assets on Dissolution