Texas Statutes
§ 463.211 — EXCHANGE OF BONDS FOR EXISTING SYSTEM.
Texas § 463.211
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 463.211 (EXCHANGE OF BONDS FOR EXISTING SYSTEM.) 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. § 463.211 (2026).
Text
Sec. 463.211. EXCHANGE OF BONDS FOR EXISTING SYSTEM. An authority's revenue bonds may be exchanged, instead of cash, for the property of all or part of an existing public transportation system to be acquired by the authority. If the property is owned by a corporation that will dissolve simultaneously with the exchange, the authority may acquire the stock of the corporation.
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Legislative History
Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71 ), Sec. 1, eff. May 24, 2019.
Nearby Sections
15
§ 463.001
DEFINITIONS.§ 463.002
APPLICATION.§ 463.052
NATURE OF AUTHORITY.§ 463.054
GENERAL POWERS OF AUTHORITY.§ 463.055
CONTRACTS; GRANTS AND LOANS.§ 463.059
EMINENT DOMAIN PROCEEDINGS.§ 463.060
AGREEMENT WITH UTILITIES; CARRIERS.§ 463.061
FARES AND OTHER CHARGES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 463.211, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/463.211.