Texas Transportation Code

§ 463.055 — CONTRACTS; GRANTS AND LOANS

TN § 463.055Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 463. REGIONAL TRANSIT AUTHORITIES · Art. B. POWERS OF AUTHORITIES

Statute text

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(a)An authority may contract with any person.

(b)An authority may accept a grant or loan from any person.

(c)An authority may enter one or more agreements with any municipality included in the territory of the authority for the distribution of the authority's revenues.

Legislative history

Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.