Tex. Transportation Code § 463.312
This is the official text of Tex. Transportation Code § 463.312, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 463.312. EFFECT OF CREATION ON COMMUTER RAIL DISTRICT.
Official statutory text
On the creation of an authority the boundaries of which overlap the territory of a commuter rail district described by Chapter 174, the commuter rail district is dissolved, and all assets, including property, and all liabilities, including debt and other obligations, of the commuter rail district transfer to and are assumed by the authority.
Status: in_force · Read it on the official government site
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