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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A corporation may be formed and chartered under this chapter, Title 32, Revised Statutes, 1 the Texas Business Corporation Act, or the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes) for the purposes provided by Section 341.002.
(b) The corporation:
(1) is subject to regulation by the commission in regard to the powers and provisions of this chapter;
(2) may contract to convey to an individual or another corporation an easement for the use of its structure;
(3) may impose a reasonable toll for the use of the structure; and
(4) may not discriminate in the time for handling or in the amount charged for a toll.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 341.003. Causeway Corporation - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-341-003/
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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