Texas Statutes
§ 454.026 — TRANSPORTATION SYSTEM FRANCHISE.
Texas § 454.026
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 454.026 (TRANSPORTATION SYSTEM FRANCHISE.) 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. § 454.026 (2026).
Text
Sec. 454.026. TRANSPORTATION SYSTEM FRANCHISE. In addition to encumbering the property of a mass transportation system under Section 454.025 , a municipality, by the terms of an instrument evidencing that encumbrance, may grant to the purchaser under the power of sale in the instrument a franchise to operate the system and the system's property. A franchise under this section may not exceed 25 years.
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Legislative History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Nearby Sections
15
§ 454.001
AUTHORITY.§ 454.002
ESSENTIAL GOVERNMENTAL FUNCTIONS.§ 454.003
FEDERAL GRANTS AND LOANS.§ 454.004
MANAGEMENT.§ 454.005
LEASE OF SYSTEM.§ 454.006
FARES.§ 454.008
RECORDS AND ACCOUNTS.§ 454.009
ANNUAL REPORT.§ 454.010
ENFORCEMENT.§ 454.021
AUTHORITY TO ISSUE.§ 454.023
PETITION FOR ELECTION.§ 454.024
ELECTION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 454.026, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/454.026.