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Texas Transportation Code

§ 373.003 — PROJECT OWNED IN PERPETUITY

TN § 373.003Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 373. TOLL PROJECTS LOCATED IN TERRITORY OF LOCAL TOLL PROJECT ENTITY · Art. A. GENERAL PROVISIONS

Statute text

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Unless a toll project is leased, sold, conveyed, or otherwise transferred to another governmental entity in accordance with applicable law, including Sections 228.151, 284.011, 366.036, 366.172, and 370.171, a toll project procured by the department or a local toll project entity determined by the process under Subchapter B is owned by that entity in perpetuity.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 1196 (S.B. 19), Sec. 1, eff. June 17, 2011.