Texas Transportation Code
§ 283.209 — RECEIVERSHIP
TN § 283.209Title 6. ROADWAYS · Part D. ROAD LAWS RELATING TO PARTICULAR COUNTIES · Ch. 283. CAUSEWAYS, BRIDGES, AND TUNNELS IN CERTAIN COUNTIES · Art. C. PROVISIONS RELATING TO BONDS
Statute text
View on source(a)A receiver appointed under Section 283.208, acting in the same manner as the county, may:
(1)take possession of the project;
(2)maintain the project; and
(3)collect and receive revenues received from the project.
(b)The receiver shall dispose of and apply revenues:
(1)according to the obligations of the county under the bond instrument; and
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Legislative history
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.