Texas Transportation Code Chapter 472 > Subchapter A – Government Contracts for Joint Payment of Certain Highway Costs
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Terms Used In Texas Transportation Code Chapter 472 > Subchapter A - Government Contracts for Joint Payment of Certain Highway Costs
- 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.
- 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.