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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Transportation Code § 365.038: COUNTY PAYMENTS RELATING TO DISTRICT BONDS.

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Where this section sits in the code
  1. TRANSPORTATION CODE
  2. TITLE 6. ROADWAYS
  3. SUBTITLE G. TURNPIKES AND TOLL PROJECTS
  4. CHAPTER 365. ROAD DISTRICT TOLL ROADS
  5. SUBCHAPTER C. FINANCIAL PROVISIONS

(a) A county in which a district is located may pay:

(1) part of the principal or redemption price of or interest on the district's bonds; or

(2) the cost of operating or maintaining the district's toll road project.

(b) The county may establish or maintain a reserve fund or a depreciation and replacement fund for the district's bonds or toll road project as a supplement to the district's pledge of revenue for those purposes or instead of a pledge of the district's revenue or taxes.

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

Collected 2026-08-27T01:47:44Z. Source file · JSON

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