Tex. Transp. Code Section 457.257
Pledge of Revenue Limited


The expenses of operation and maintenance of a transit authority system, including salaries, labor, materials, and repairs necessary to provide efficient service and every other proper item of expense, are a first lien and charge against any revenue of an authority that is encumbered under this chapter.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.

Source: Section 457.257 — Pledge of Revenue Limited, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­457.­htm#457.­257 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 457.257’s source at texas​.gov