{"data":{"id":"us-tx/tex.-transportation-code-365.041","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 365.041","heading":"AMOUNT OF TOLLS.","body":"Revenue from tolls and other charges under Section 365.040 may be sufficient to:\n(1) pay all expenses necessary to maintain and operate the toll road project;\n(2) make necessary payments and otherwise comply with any permit or franchise for maintenance or operation of the toll road project;\n(3) pay the principal and redemption price of and interest on all bonds that the district is obligated to pay, regardless of whether the bonds were issued as revenue bonds;\n(4) pay all sinking fund or reserve fund payments agreed to be made in connection with bonds or other obligations as they become due and payable to establish a reasonable depreciation and emergency fund;\n(5) comply with any agreement made with the holders of the district's bonds or other obligations or with another person on the bondholder's behalf; and\n(6) recover a reasonable rate of return on invested capital.\nActs 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.","path":["TRANSPORTATION CODE","TITLE 6. ROADWAYS","SUBTITLE G. TURNPIKES AND TOLL PROJECTS","CHAPTER 365. ROAD DISTRICT TOLL ROADS","SUBCHAPTER C. FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.365.htm#365.041","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"7ef685b57ace97d292f1c5f24ead730bdaaa5379e4356d1497c1b7a12d24a15f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-365.040","next":"us-tx/tex.-transportation-code-365.042"},"notice":"GroundRules: Original legal text. Not legal advice."}