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Tex. Transp. Code § 451.358

PLEDGE OF REVENUE LIMITED

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff

The expenses of operation and maintenance of a transit authority system, including salaries, labor, materials, and repairs necessary to provide efficient service and every other proper item of expense, are a first lien and charge against any revenue of a transit authority system that is encumbered under this chapter.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.