CONTRACTS; ACQUISITION OF PROPERTY BY AGREEMENT
Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff
(a) An authority may contract with any person and may accept a grant or loan from any person.
(b) An authority may acquire rolling stock or other property under a contract or trust agreement, including a conditional sales contract, lease, and equipment trust certificate.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.