CONTRACTS; ACQUISITION OF PROPERTY BY AGREEMENT.
Tex. TRANSP Code § 457.105.
in effect(a) An authority may contract with any person and may accept a grant or loan from any person.
(b) An authority may acquire rolling stock or other property under a contract or trust agreement, including a conditional sales contract, lease, and equipment trust certificate.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.
