Texas Transportation Code

§ 431.065 — CONTRIBUTIONS; EXPENSES

TN § 431.065Title 6. ROADWAYS · Part I. TRANSPORTATION CORPORATIONS · Ch. 431. TEXAS TRANSPORTATION CORPORATION ACT · Art. C. CORPORATE POWERS

Statute text

View on source

(a)A corporation may receive:

(1)a contribution of real property for a right-of-way; and

(2)a cash donation for:

(A)the purchase of a right-of-way; or

(B)the design or construction of a transportation facility or system.

(b)A corporation may establish a formula to determine the amount of cash donations from affected property owners and others necessary to cover the cost of a service to be performed by the corporation or its consultants.

…

Legislative history

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