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

Tex. Transportation Code § 367.058: AUTHORITY TO BORROW MONEY OR ACCEPT FEDERAL ASSISTANCE.

Where this section sits in the code

TRANSPORTATION CODE
TITLE 6. ROADWAYS
SUBTITLE G. TURNPIKES AND TOLL PROJECTS
CHAPTER 367. MUNICIPAL TOLL BRIDGES OVER RIO GRANDE
SUBCHAPTER B. ACQUIRING EXISTING BRIDGE; BUILDING REPLACEMENT OR ADDITIONAL BRIDGE

(a) To accomplish the purposes of this subchapter, a municipality may:

(1) borrow money from any person or corporation; or

(2) borrow money or accept grants from the United States or a corporation or agency created by or authorized to act as an agency of the United States.

(b) In connection with a loan or grant under Subsection (a)(2), a municipality may enter into any related agreement that the United States, corporation, or agency requires.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.

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

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