Texas Statutes
§ 365.041 — AMOUNT OF TOLLS.
Texas § 365.041
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 365.041 (AMOUNT OF TOLLS.) 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. § 365.041 (2026).
Text
Sec. 365.041. AMOUNT OF TOLLS. Revenue from tolls and other charges under Section 365.040 may be sufficient to:
(1)pay all expenses necessary to maintain and operate the toll road project;
(2)make necessary payments and otherwise comply with any permit or franchise for maintenance or operation of the toll road project;
(3)pay the principal and redemption price of and interest on all bonds that the district is obligated to pay, regardless of whether the bonds were issued as revenue bonds;
(4)pay all sinking fund or reserve fund payments agreed to be made in connection with bonds or other obligations as they become due and payable to establish a reasonable depreciation and emergency fund;
(5)comply with any agreement made with the holders of the district's bonds or other obligations or
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Legislative History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Nearby Sections
15
§ 365.001
DEFINITIONS.§ 365.002
APPLICABILITY.§ 365.003
DESIGNATION AS PART OF ROAD SYSTEM.§ 365.004
USE OF CERTAIN INTEREST.§ 365.011
AUTHORITY TO PROVIDE TOLL ROAD.§ 365.012
TOLL ROAD DISTRICT POWERS.§ 365.014
RIGHT OF FREE ACCESS OR PASSAGE.§ 365.031
AUTHORITY TO ISSUE BONDS.§ 365.032
BOND ELECTION.§ 365.033
SALE OF BONDS.§ 365.034
BOND SECURITY.§ 365.035
BONDHOLDER PROTECTION.§ 365.036
REFUNDING BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 365.041, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/365.041.