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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The department may lease, sell, or transfer in another manner a toll project or system, including a nontolled state highway or a segment of a nontolled state highway converted to a toll project under Subchapter E, 1 to a governmental entity that has the authority to operate a tolled highway or a local government corporation created under Chapter 431.
(b) The commission and the governor must approve the transfer of the toll project or system as being in the best interests of the state and the entity receiving the project or system.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 228.151. Lease, Sale, or Transfer of Toll Project or System - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-228-151/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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