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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) To the extent allowed under federal law, a managed transportation organization may own, operate, and maintain a fleet of vehicles or contract with an entity that owns, operates, and maintains a fleet of vehicles. The commission shall seek an appropriate federal waiver or other authorization to implement this subsection as necessary.
(b) The commission shall consider a managed transportation organization's ownership, operation, and maintenance of a fleet of vehicles to be a related-party transaction for purposes of applying experience rebates, administrative costs, and other administrative controls the commission determines.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 540A.0055. Managed Transportation Organization: Vehicle Fleets - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-540a-0055/
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