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Texas Transportation Code - TRANSP § 317.101. Definition

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

In this subchapter, “net revenue” means the gross revenue derived from the operation or use of a facility the net revenue of which is pledged to the payment of a bond less the reasonable expenses of maintaining and operating the facility, including necessary repair and insurance of the facility.

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Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 317.101. Definition - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-317-101/

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