Tex. Transp. Code § 463.055 · Subchapter B. POWERS OF AUTHORITIES

CONTRACTS; GRANTS AND LOANS.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

(a) An authority may contract with any person.

(b) An authority may accept a grant or loan from any person.

(c) An authority may enter one or more agreements with any municipality included in the territory of the authority for the distribution of the authority's revenues.

Notes and commentary — not statutory text

History

Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/TN/htm/TN.463.htm
Text hash: sha256 7de349f6a0b9b067d45f483c0970d78b7b60465a27898f7982ce89bdc48da8af
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.