Texas Transportation Code

§ 284.008 — POWERS OF COMMISSION

TN § 284.008Title 6. ROADWAYS · Part D. ROAD LAWS RELATING TO PARTICULAR COUNTIES · Ch. 284. CAUSEWAYS, BRIDGES, TUNNELS, TURNPIKES, FERRIES, AND HIGHWAYS IN CERTAIN COUNTIES · Art. A. GENERAL PROVISIONS

Statute text

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(a)The commission may:

(1)provide for and contribute toward the acquisition, construction, improvement, operation, maintenance, or pooling of a project under this chapter and under terms to which the commission and the local government corporation or county agree that are consistent with the rights of bondholders or a person operating the project under a lease or other contract;

(2)lease a project under terms:

(A)to which the county or local government corporation acting under this chapter and the commission agree; and

(B)that are consistent with the bond instrument; and

(3)declare any part of a project under this chapter to be a part of the state highway system and operate any part of a project as part of the state highway system, to the extent that property and contract rights in the project and bonds are not affected unfavorably.

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Legislative history

Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.49, eff. June 14, 2005. Acts 2007, 80th Leg., R.S., Ch. 264 (S.B. 792), Sec. 8.04, eff. June 11, 2007.