Texas Transportation Code

§ 341.003 — CAUSEWAY CORPORATION

TN § 341.003Title 6. ROADWAYS · Part F. PRIVATE CAUSEWAYS, FERRIES, AND CERTAIN TOLL BRIDGES · Ch. 341. PRIVATE CAUSEWAYS

Statute text

View on source

(a)A corporation may be formed and chartered under this chapter, Title 32, Revised Statutes, the Texas Business Corporation Act, or the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes) for the purposes provided by Section 341.002.

(b)The corporation:

(1)is subject to regulation by the commission in regard to the powers and provisions of this chapter;

(2)may contract to convey to an individual or another corporation an easement for the use of its structure;

(3)may impose a reasonable toll for the use of the structure; and

(4)may not discriminate in the time for handling or in the amount charged for a toll.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.