Texas Statutes

§ 224.063 — SUFFICIENCY OF FUNDS.

Texas § 224.063
JurisdictionTexas
Code TNTransportation Code

This text of Texas § 224.063 (SUFFICIENCY OF FUNDS.) 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. § 224.063 (2026).

Text

Sec. 224.063. SUFFICIENCY OF FUNDS.

(a)Before contracting under this subchapter, the commission shall determine that it will have sufficient funds available in the year of acquisition to meet its financial obligations under the contract.
(b)Payment of any obligation in the contract is contingent on a legislative appropriation for that purpose in the year the obligation is due, and the contract must state that fact.

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Related

Freestone Power Generation, LLC v. Tex. Comm'n on Envtl. Quality
564 S.W.3d 1 (Court of Appeals of Texas, 2017)
2 case citations

Legislative History

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Nearby Sections

15
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Bluebook (online)
Texas § 224.063, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/224.063.