Texas Transportation Code 451.609 – Effect of Withdrawal
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(a) On the effective date of a withdrawal from an authority:
(1) the authority shall, except as provided by § 451.610, cease providing transportation services in the withdrawn unit of election; and
(2) the financial obligations of the authority attributable to the withdrawn unit of election cease to accrue.
(b) Withdrawal from an authority does not affect the right of the authority to travel through the territory of the unit of election to provide service to a unit of election that is a part of the authority.
Terms Used In Texas Transportation Code 451.609
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(c) Taxes of the authority continue to be collected in the territory of a withdrawn unit of election after withdrawal until the net financial obligation of the unit of election to the authority has been collected.