§ 431.061 Definitions
§ 431.062 General Powers
§ 431.063 Promotion and Development of Transportation Facilities and Systems
§ 431.064 Alignment Studies
§ 431.065 Contributions; Expenses
§ 431.066 Employees and Consultants
§ 431.067 Promotional Activities
§ 431.068 Construction or Improvement Contracts
§ 431.069 Location of Transportation Projects
§ 431.070 Bonds and Notes
§ 431.071 Approval of Bonds and Notes by Attorney General
§ 431.072 Limitation to Federal or State Highway System
§ 431.073 Project in County of 500,000 or More or Adjacent County
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Terms Used In Texas Transportation Code Chapter 431 > Subchapter C - Corporate Powers

  • 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.
  • 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.
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.