Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 6. ROADWAYS |
Subtitle G. TURNPIKES AND TOLL PROJECTS |
Chapter 363. COUNTY TOLL BRIDGES |
Sec. 363.005. COUNTY TOLLS
Latest version.
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The commissioners court of a county that issues bonds to construct a bridge may, under rules adopted by the commissioners court, impose tolls sufficient to:
(1) pay the interest on the bonds; or
(2) pay the interest and create a sinking fund for payment of the principal at maturity.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.