Tex. Transportation Code § 431.065: CONTRIBUTIONS; EXPENSES.
Where this section sits in the code
- TRANSPORTATION CODE
- TITLE 6. ROADWAYS
- SUBTITLE I. TRANSPORTATION CORPORATIONS
- CHAPTER 431. TEXAS TRANSPORTATION CORPORATION ACT
- SUBCHAPTER C. CORPORATE POWERS
(a) A corporation may receive:
(1) a contribution of real property for a right-of-way; and
(2) a cash donation for:
(A) the purchase of a right-of-way; or
(B) the design or construction of a transportation facility or system.
(b) A corporation may establish a formula to determine the amount of cash donations from affected property owners and others necessary to cover the cost of a service to be performed by the corporation or its consultants.
(c) A corporation may borrow money to meet any expense or need associated with the regular operation of the corporation or a particular transportation project.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Collected 2026-08-27T01:47:44Z. Source file · JSON