Tex. Transportation Code § 173.156
This is the official text of Tex. Transportation Code § 173.156, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 173.156. EXCLUSIVE DEVELOPMENT AGREEMENTS.
Official statutory text
(a) A board may enter into an exclusive development agreement with a private entity.
(b) The exclusive development agreement:
(1) at a minimum must provide for the design and construction of a commuter rail facility or system; and
(2) may provide for the financing, acquisition, maintenance, or operation of a commuter rail facility or system.
(c) The board may adopt rules governing an agreement under this section.
(b) The exclusive development agreement:
(1) at a minimum must provide for the design and construction of a commuter rail facility or system; and
(2) may provide for the financing, acquisition, maintenance, or operation of a commuter rail facility or system.
(c) The board may adopt rules governing an agreement under this section.
Status: in_force · Read it on the official government site
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