Tex. Transp. Code Section 457.105
Contracts; Acquisition of Property by Agreement


(a)

An authority may contract with any person and may accept a grant or loan from any person.

(b)

An authority may acquire rolling stock or other property under a contract or trust agreement, including a conditional sales contract, lease, and equipment trust certificate.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.

Source: Section 457.105 — Contracts; Acquisition of Property by Agreement, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­457.­htm#457.­105 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 457.105’s source at texas​.gov