Texas Transportation Code 431.103 – Contracts With Political Subdivisions
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Transportation Code 431.103
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A local government corporation may contract with a political subdivision of this state in the manner and to the same extent as any other corporation.