Term of Franchise

Tex. Transportation Code § 282.003, under Toll Underpass Or Tunnel In Certain Counties.

Tex. Transportation Code § 282.003

Sec. 282.003. TERM OF FRANCHISE. The term of a franchise granted under this chapter may not exceed 50 years. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.