Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 6. ROADWAYS |
Subtitle G. TURNPIKES AND TOLL PROJECTS |
Chapter 366. REGIONAL TOLLWAY AUTHORITIES |
Subchapter H. COMPREHENSIVE DEVELOPMENT AGREEMENTS |
Sec. 366.406. LIABILITY FOR PRIVATE OBLIGATIONS
Latest version.
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An authority may not incur a financial obligation for a private entity that designs, develops, finances, constructs, operates, or maintains a turnpike project. The authority or a political subdivision of the state is not liable for any financial or other obligation of a turnpike project solely because a private entity constructs, finances, or operates any part of the project.
Added by Acts 2007, 80th Leg., R.S., Ch. 264 , Sec. 9.03, eff. June 11, 2007.