Acquisition of Rolling Stock and Other Property

Tex. Transportation Code § 172.206, under Rural Rail Transportation Districts.

Tex. Transportation Code § 172.206

Sec. 172.206. ACQUISITION OF ROLLING STOCK AND OTHER PROPERTY. A district may acquire rolling stock or other property, under a conditional sales contract, lease, equipment trust certificate, or other form of contract or trust agreement. Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.04, eff. April 1, 2011.