Sec. 463.312. EFFECT OF CREATION ON COMMUTER RAIL DISTRICT. On the creation of an authority the boundaries of which overlap the territory of a commuter rail district described by Chapter 174, the commuter rail district is dissolved, and all assets, including property, and all liabilities, including debt and other obligations, of the commuter rail district transfer to and are assumed by the authority.
Added by Acts 2019, 86th Leg., R.S., Ch. 151 (H.B. 71), Sec. 1, eff. May 24, 2019.
Structure Texas Statutes
Subtitle K - Mass Transportation
Chapter 463 - Regional Transit Authorities
Subchapter G. Creation of Authorities
Section 463.301. Creation of Authority Authorized
Section 463.302. Initiating Order or Resolution: Contents
Section 463.303. Notice of Hearing
Section 463.304. Conduct of Hearing
Section 463.305. Resolution or Order
Section 463.306. Interim Executive Committee
Section 463.307. Approval of Service Plan
Section 463.308. Notice of Intent to Call Election
Section 463.309. Confirmation Election
Section 463.310. Conduct of Election
Section 463.311. Results of Election; Order
Section 463.312. Effect of Creation on Commuter Rail District