Texas Statutes
§ 371.102 — TERMINATION OF CERTAIN COMPREHENSIVE DEVELOPMENT AGREEMENTS.
Texas § 371.102
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 371.102 (TERMINATION OF CERTAIN COMPREHENSIVE DEVELOPMENT AGREEMENTS.) 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. § 371.102 (2026).
Text
Sec. 371.102. TERMINATION OF CERTAIN COMPREHENSIVE DEVELOPMENT AGREEMENTS. If a toll project entity elects to terminate a comprehensive development agreement under which a private participant receives the right to operate and collect revenue from a project, the entity may:
(1)if authorized to issue bonds for that purpose, issue bonds to:
(A)make any applicable termination payments to the private participant; or
(B)purchase the interest of the private participant in the comprehensive development agreement or related property; or
(2)provide for the payment of obligations of the private participant incurred pursuant to the comprehensive development agreement.
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 264 (S.B. 792 ), Sec. 11.01, eff. June 11, 2007.
Nearby Sections
11
§ 371.001
DEFINITIONS.§ 371.002
APPLICABILITY.§ 371.003
VALUATION DETERMINATION.§ 371.101
TERMINATION FOR CONVENIENCE.§ 371.151
DISCLOSURE OF FINANCIAL INFORMATION.§ 371.152
DISCLOSURE BY PUBLICATION.§ 371.153
HEARING.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 371.102, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/371.102.