Tex. Transp. Code § 54.110 · Subchapter C. OBLIGATIONS
REVIEW AND APPROVAL OF CONTRACTS RELATING TO REVENUE OBLIGATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If revenue obligations issued under this chapter state that they are secured in whole or in part by a pledge of the proceeds from a contract, including a lease contract, a copy of the contract and of the proceedings authorizing the contract must be submitted to the attorney general with the record relating to the issuance of the obligations.
(b) The approval by the attorney general of the obligations is approval of the contract.
(c) After approval, the contract is incontestable except for forgery or fraud.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 20, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.54.htm
- Text hash
- sha256 443a149c7d3a29afed4619eab7e46b2f777469c37c54d87fdce8188cdc669b47
- 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.