Texas § 54.110 REVIEW AND APPROVAL OF CONTRACTS RELATING TO REVENUE OBLIGATIONS.

Texas Statutes

§ 54.110 — REVIEW AND APPROVAL OF CONTRACTS RELATING TO REVENUE OBLIGATIONS.

Texas § 54.110

Code TNTransportation Code

This text of Texas § 54.110 (REVIEW AND APPROVAL OF CONTRACTS RELATING TO REVENUE OBLIGATIONS.) 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. § 54.110 (2026).

Text

Sec. 54.110. REVIEW AND APPROVAL OF CONTRACTS RELATING TO REVENUE OBLIGATIONS.

(a)If revenue obligations issued under this chapter state that they are secured in whole or in part by a pledge of the proceeds from a contract, including a lease contract, a copy of the contract and of the proceedings authorizing the contract must be submitted to the attorney general with the record relating to the issuance of the obligations.

(b)The approval by the attorney general of the obligations is approval of the contract.

(c)After approval, the contract is incontestable except for forgery or fraud.

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Sec. 54.110. REVIEW AND APPROVAL OF CONTRACTS RELATING TO REVENUE OBLIGATIONS. (a) If revenue obligations issued under this chapter state that they are secured in whole or in part by a pledge of the proceeds from a contract, including a lease contract, a copy of the contract and of the proceedings authorizing the contract must be submitted to the attorney general with the record relating to the issuance of the obligations.
(b) The approval by the attorney general of the obligations is approval of the contract.
(c) After approval, the contract is incontestable except for forgery or fraud.