Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 5. RAILROADS |
Subtitle I. SPECIAL DISTRICTS |
Chapter 172. RURAL RAIL TRANSPORTATION DISTRICTS |
Subchapter E. POWERS AND DUTIES RELATING TO ACQUISITION, CONSTRUCTION, AND OPERATION OF RAIL FACILITIES |
Sec. 172.206. ACQUISITION OF ROLLING STOCK AND OTHER PROPERTY
Latest version.
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A district may acquire rolling stock or other property, under a conditional sales contract, lease, equipment trust certificate, or other form of contract or trust agreement.
Added by Acts 2009, 81st Leg., R.S., Ch. 85 , Sec. 2.04, eff. April 1, 2011.