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

Tex. Transportation Code § 431.107: INCOME OF LOCAL GOVERNMENT CORPORATION.

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Where this section sits in the code
  1. TRANSPORTATION CODE
  2. TITLE 6. ROADWAYS
  3. SUBTITLE I. TRANSPORTATION CORPORATIONS
  4. CHAPTER 431. TEXAS TRANSPORTATION CORPORATION ACT
  5. SUBCHAPTER D. LOCAL GOVERNMENT CORPORATIONS

(a) A local government creating a local government corporation is entitled at any time to receive any income earned by the local government corporation that is not needed to pay the corporation's expenses or obligations.

(b) The earnings of a local government corporation may not benefit a private interest.

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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