Texas Transportation Code Chapter 455 > Subchapter A – General Powers and Duties
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Transportation Code Chapter 455 > Subchapter A - General Powers and Duties
- Contract: A legal written agreement that becomes binding when signed.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Property: means real and personal property. See Texas Government Code 311.005