Texas Statutes
§ 131.032 — ACQUISITION OF RAILWAY PROPERTY AUTHORIZED.
Texas § 131.032
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 131.032 (ACQUISITION OF RAILWAY PROPERTY AUTHORIZED.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Transportation Code Code Ann. § 131.032 (2026).
Text
Sec. 131.032. ACQUISITION OF RAILWAY PROPERTY AUTHORIZED.
(a)A corporation organized under the laws of this state that is authorized to construct, acquire, and operate an interurban railway may:
(1)acquire, lease, or purchase the physical property, rights, and franchise of any other railway corporation with similar powers; or
(2)lease or purchase physical property, rights, and franchises of any suburban or street railway corporation the railway lines of which are to be operated in connection with the interurban railway.
(b)The owner of physical property or a right or franchise described by Subsection (a)(1) or (2) may sell or dispose of the property, right, or franchise to the corporation making an acquisition, lease, or purchase under Subsection (a).
(c)An acquisition or purchase und
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540 ), Sec. 2.03, eff. April 1, 2011.
Nearby Sections
15
§ 131.001
DEFINITION OF PERSON.§ 131.011
DEFINITION.§ 131.012
EMINENT DOMAIN.§ 131.013
RIGHT-OF-WAY.§ 131.016
TIME REQUIRED FOR CONSTRUCTION.§ 131.017
USE OF CONDEMNED TRACK.§ 131.031
DEFINITION.§ 131.033
MUNICIPAL CONSENT REQUIRED.§ 131.034
USE OF STREET RAILWAYS.§ 131.035
LIMITATION ON ACQUISITION.§ 131.061
INTERURBAN ELECTRIC RAILWAYS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 131.032, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/131.032.