Texas Transportation Code 451.055 – Contracts; Grants and Loans
Current as of: 2024 | Check for updates
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(a) An authority may contract with any person.
(b) An authority may accept a grant or loan from any person.
Terms Used In Texas Transportation Code 451.055
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005