Texas § 174.207 COMPENSATION FOR USE OF SYSTEM FACILITIES.

Texas Statutes

§ 174.207 — COMPENSATION FOR USE OF SYSTEM FACILITIES.

Texas § 174.207

Code TNTransportation Code

This text of Texas § 174.207 (COMPENSATION FOR USE OF SYSTEM FACILITIES.) 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. § 174.207 (2026).

Text

Sec. 174.207. COMPENSATION FOR USE OF SYSTEM FACILITIES.

(a)A district shall establish and maintain reasonable and nondiscriminatory rates or other compensation for the use of the facilities of the system acquired, constructed, operated, regulated, or maintained by the district.

(b)Together with grants received by the district, the rates or other compensation must be sufficient to produce revenue adequate to:

(1)pay all expenses necessary for the operation and maintenance of the district's property and facilities;

(2)pay the principal of and interest on bonds issued by the district payable wholly or partly from the revenue, as they become due and payable; and

(3)fulfill the terms of agreements made with the holders of bonds or with any person on their behalf.

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Sec. 174.207. COMPENSATION FOR USE OF SYSTEM FACILITIES. (a) A district shall establish and maintain reasonable and nondiscriminatory rates or other compensation for the use of the facilities of the system acquired, constructed, operated, regulated, or maintained by the district.
(b) Together with grants received by the district, the rates or other compensation must be sufficient to produce revenue adequate to:
(1) pay all expenses necessary for the operation and maintenance of the district's property and facilities;
(2) pay the principal of and interest on bonds issued by the district payable wholly or partly from the revenue, as they become due and payable; and
(3) fulfill the terms of agreements made with the holders of bonds or with any person on their behalf.