Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 5. RAILROADS |
Subtitle I. SPECIAL DISTRICTS |
Chapter 172. RURAL RAIL TRANSPORTATION DISTRICTS |
Subchapter G. BONDS |
Sec. 172.301. REVENUE BONDS
Latest version.
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A district, by board resolution, may issue revenue bonds in amounts that the board considers necessary or appropriate for the acquisition, purchase, construction, reconstruction, repair, equipping, improvement, or extension of its rail facilities.
Added by Acts 2009, 81st Leg., R.S., Ch. 85 , Sec. 2.04, eff. April 1, 2011.