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Texas Transportation Code - TRANSP § 317.052. Management and Control by Governing Body or Board

Current as of January 01, 2024 | Updated by Findlaw Staff

An ordinance authorizing the issuance of revenue bonds under this chapter may provide that while the principal of or interest on the bonds is outstanding, and regardless of whether the facility is encumbered under Section 317.112, management and control of the facility is vested in:

(1) the governing body of the municipality; or

(2) the board of trustees named in the ordinance.

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Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 317.052. Management and Control by Governing Body or Board - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-317-052/

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