Tex. Transportation Code § 431.065
This is the official text of Tex. Transportation Code § 431.065, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 431.065. CONTRIBUTIONS; EXPENSES.
Official statutory text
(a) A corporation may receive:
(1) a contribution of real property for a right-of-way; and
(2) a cash donation for:
(A) the purchase of a right-of-way; or
(B) the design or construction of a transportation facility or system.
(b) A corporation may establish a formula to determine the amount of cash donations from affected property owners and others necessary to cover the cost of a service to be performed by the corporation or its consultants.
(c) A corporation may borrow money to meet any expense or need associated with the regular operation of the corporation or a particular transportation project.
(1) a contribution of real property for a right-of-way; and
(2) a cash donation for:
(A) the purchase of a right-of-way; or
(B) the design or construction of a transportation facility or system.
(b) A corporation may establish a formula to determine the amount of cash donations from affected property owners and others necessary to cover the cost of a service to be performed by the corporation or its consultants.
(c) A corporation may borrow money to meet any expense or need associated with the regular operation of the corporation or a particular transportation project.
Status: in_force · Read it on the official government site
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