Acquisition of Property By Agreement

Tex. Transportation Code § 451.057, under Chapter 451.

Tex. Transportation Code § 451.057

Sec. 451.057. ACQUISITION OF PROPERTY BY AGREEMENT. An authority may acquire rolling stock or other property under a contract or trust agreement, including a conditional sales contract, lease, and equipment trust certificate. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.