Tex. Transp. Code Section 341.003
Causeway Corporation


(a)

A corporation may be formed and chartered under this chapter, Title 32, Revised Statutes, the Texas Business Corporation Act, or the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon’s Texas Civil Statutes) for the purposes provided by Section 341.002 (General Authority to Act).

(b)

The corporation:

(1)

is subject to regulation by the commission in regard to the powers and provisions of this chapter;

(2)

may contract to convey to an individual or another corporation an easement for the use of its structure;

(3)

may impose a reasonable toll for the use of the structure; and

(4)

may not discriminate in the time for handling or in the amount charged for a toll.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 341.003 — Causeway Corporation, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­341.­htm#341.­003 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 341.003’s source at texas​.gov