Sec. 431.021. PURPOSE OF CORPORATION. The purpose of a corporation is limited to the promotion and development of public transportation facilities and systems.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle I - Transportation Corporations
Chapter 431 - Texas Transportation Corporation Act
Subchapter B. Creation and Operation of Corporation
Section 431.021. Purpose of Corporation
Section 431.023. Adoption of Resolution
Section 431.024. Form of Corporation
Section 431.025. Articles of Incorporation
Section 431.026. Delivery and Filing of Certificate of Incorporation
Section 431.027. Effect of Issuance of Certificate of Incorporation
Section 431.029. Advisory Directors
Section 431.032. Indemnification