Texas Transportation Code

§ 457.257 — PLEDGE OF REVENUE LIMITED

TN § 457.257Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 457. COUNTY MASS TRANSIT AUTHORITY · Art. F. BONDS

Statute text

The expenses of operation and maintenance of a transit authority system, including salaries, labor, materials, and repairs necessary to provide efficient service and every other proper item of expense, are a first lien and charge against any revenue of an authority that is encumbered under this chapter.

Legislative history

Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.