Texas Transportation Code

§ 451.057 — ACQUISITION OF PROPERTY BY AGREEMENT

TN § 451.057Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 451. METROPOLITAN RAPID TRANSIT AUTHORITIES · Art. B. POWERS OF AUTHORITIES

Statute text

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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.

Legislative history

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