Tex. Transp. Code § 366.114 · Subchapter D. TURNPIKE FINANCING
EFFECT OF LIEN.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A lien on or a pledge of revenue from a turnpike project or system under this chapter or on a reserve, replacement, or other fund established in connection with a bond issued under this chapter:
(1) is enforceable at the time of payment for and delivery of the bond;
(2) applies to an item on hand or subsequently received;
(3) applies without physical delivery of an item or other act; and
(4) is enforceable against any person having any claim, in tort, contract, or other remedy, against the applicable authority without regard to whether the person has notice of the lien or pledge.
(b) A bond resolution is not required to be recorded except in the regular records of the authority.
Notes and commentary — not statutory text
History
Added by Acts 1997, 75th Leg., ch. 1171, Sec. 7.24, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.366.htm
- Text hash
- sha256 3ddd19fde041491c9589954b9982dbaef38943750cdac9d020b9b7143cd399cf
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.