{"data":{"id":"us-tx/tex.-transportation-code-371.102","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 371.102","heading":"TERMINATION OF CERTAIN COMPREHENSIVE DEVELOPMENT AGREEMENTS.","body":"If a toll project entity elects to terminate a comprehensive development agreement under which a private participant receives the right to operate and collect revenue from a project, the entity may:\n(1) if authorized to issue bonds for that purpose, issue bonds to:\n(A) make any applicable termination payments to the private participant; or\n(B) purchase the interest of the private participant in the comprehensive development agreement or related property; or\n(2) provide for the payment of obligations of the private participant incurred pursuant to the comprehensive development agreement.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 264 (S.B. 792), Sec. 11.01, eff. June 11, 2007.","path":["TRANSPORTATION CODE","TITLE 6. ROADWAYS","SUBTITLE G. TURNPIKES AND TOLL PROJECTS","CHAPTER 371. COMPREHENSIVE DEVELOPMENT AGREEMENTS FOR HIGHWAY TOLL PROJECTS","SUBCHAPTER C. CONTRACT PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.371.htm#371.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"497956ce8786cf48755e44822ff09c6e1bf7615ddab5cdd4fe828d11b0012020","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-371.101","next":"us-tx/tex.-transportation-code-371.103"},"notice":"GroundRules: Original legal text. Not legal advice."}