Tex. Transp. Code § 457.101 · Subchapter C. POWERS OF AUTHORITY
ACQUIRING AND DISPOSING OF PROPERTY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An authority may acquire, hold, use, sell, lease, or dispose of property, including licenses, patents, rights, and other interests, necessary, convenient, or useful for the full exercise of any of its powers under this chapter.
(b) The authority may acquire property described in Subsection (a) in any manner, including by gift or devise.
(c) An authority may dispose of, by sale, lease, or other conveyance:
(1) any property of the authority not needed for the efficient operation and maintenance of the transit authority system; and
(2) any surplus property not needed for its requirements or for the purpose of carrying out its powers under this chapter.
(d) The lease of unneeded property under Subsection (c) must be consistent with the efficient operation and maintenance of the transit authority system.
Notes and commentary — not statutory text
History
Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), 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.457.htm
- Text hash
- sha256 b7b02d805375c2b8dbbb34151070428abffe7d8734ce516620320be5d02f9f78
- 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.