General Property Powers

Tex. Special District Local Laws Code § 4501.104, under Chapter 4501. Texas State Railroad Authority.

Tex. Special District Local Laws Code § 4501.104

Sec. 4501.104. GENERAL PROPERTY POWERS. The authority may: (1) acquire, own, lease, operate, construct, maintain, repair, improve, or extend improvements, equipment, or any other property necessary to accomplish an authority purpose; or (2) lease or otherwise convey authority property to private parties for an authority purpose. Added by Acts 2007, 80th Leg., R.S., Ch. 568 (S.B. 1659), Sec. 1, eff. June 16, 2007.