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

Tex. Transportation Code § 456.065: GUARANTEE FROM MUNICIPALITIES.

Where this section sits in the code

TRANSPORTATION CODE
TITLE 6. ROADWAYS
SUBTITLE K. MASS TRANSPORTATION
CHAPTER 456. STATE FINANCING OF PUBLIC TRANSPORTATION
SUBCHAPTER D. PASSENGER RAIL SERVICE ASSISTANCE PROGRAM

The department, on behalf of the commission and with the approval of the comptroller, shall secure an agreement or agreements with the municipalities served by an eligible corporation that receives assistance under this subchapter to further guarantee the repayment of half of any unpaid balance on a loan, including interest, made under this subchapter.

Added by Acts 1997, 75th Leg., ch. 110, Sec. 2, eff. May 16, 1997.

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

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