Tex. Transp. Code Section 373.003
Project Owned in Perpetuity

Unless a toll project is leased, sold, conveyed, or otherwise transferred to another governmental entity in accordance with applicable law, including Sections 228.151 (Lease, Sale, or Transfer of Toll Project or System), 284.011 (Transfer of Project to Department), 366.036 (Transfer of Turnpike Project or System), 366.172 (Lease, Sale, or Conveyance of Turnpike Project), and 370.171 (Lease, Sale, or Conveyance of Transportation Project), a toll project procured by the department or a local toll project entity determined by the process under Subchapter B is owned by that entity in perpetuity.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1196 (S.B. 19), Sec. 1, eff. June 17, 2011.

Source: Section 373.003 — Project Owned in Perpetuity, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­373.­htm#373.­003 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 373.003’s source at texas​.gov