Texas Transportation Code Chapter 460 > Subchapter F – Management of Authority
Current as of: 2024 | Check for updates
|
Other versions
| § 460.401 | Management of Authority |
| § 460.402 | Financial Audit |
| § 460.403 | Budget |
| § 460.404 | Funding |
| § 460.405 | Prohibitions |
| § 460.406 | Purchases: Competitive Bidding |
Terms Used In Texas Transportation Code Chapter 460 > Subchapter F - Management of Authority
- Contract: A legal written agreement that becomes binding when signed.
- 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
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Personal property: All property that is not real property.
- 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.
- Trustee: A person or institution holding and administering property in trust.