Sec. 452.101. EXECUTIVE COMMITTEE: POWERS. The executive committee may:
(1) employ and prescribe the compensation for a chief executive officer whom the committee may designate as the general manager or the executive director;
(2) appoint auditors and attorneys and prescribe their duties, compensation, and tenure;
(3) adopt a seal for the authority;
(4) set the fiscal year for the authority;
(5) establish a complete system of accounts for the authority;
(6) designate by resolution an authorized representative of the authority to, according to terms prescribed by the executive committee:
(A) invest authority funds; and
(B) withdraw money from authority accounts for investments; and
(7) designate by resolution an authorized representative of the authority to supervise the substitution of securities pledged to secure authority funds.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle K - Mass Transportation
Chapter 452 - Regional Transportation Authorities
Subchapter C. Management of Authority
Section 452.101. Executive Committee: Powers
Section 452.103. Depository; Deposit of Funds
Section 452.104. Chief Executive: Duties
Section 452.1055. Prohibition of Consumption of Alcoholic Beverage
Section 452.106. Procurement Rules
Section 452.107. Purchases: Competitive Bidding
Section 452.108. Duration of Contracts and Delegation of Powers
Section 452.109. Explanation of Contract Awards in Certain Authorities
Section 452.1095. Exemption From Other Contracting Law for Certain Authorities
Section 452.110. Peace Officers
Section 452.111. Extraordinary Vote Required in Certain Authorities
Section 452.112. Advisory Committees in Certain Authorities
Section 452.113. Budget Recommendations
Section 452.114. Budget in Authority Created by Contiguous Municipality
Section 452.115. Public Hearing on Fare and Service Changes in Certain Authorities
Section 452.116. Public Hearing on Fare and Service Changes in Certain Authorities: Exceptions
Section 452.117. Public Hearing on Experimental Service Change
Section 452.118. Notice of Hearing on Fare or Service Change in Certain Authorities