Current as of April 14, 2021 | Updated by FindLaw Staff
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A local government shall deposit the revenue received by the local government from the ownership, control, or operation of an airport or air navigation facility, including proceeds from the sale of an airport or a portion of an airport or of air navigation facility property, in a fund to be designated the “__________ Airport Fund.” The revenue may be used by the local government only for the purposes authorized by this chapter.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 22.054. Application of Airport Revenue and Sale Proceeds - last updated April 14, 2021 | https://codes.findlaw.com/tx/transportation-code/transp-sect-22-054.html
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