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Chapter 431 - Texas Transportation Corporation Act
Subchapter A. General Provisions
Section 431.001. Short Title - Sec. 431.001. SHORT TITLE. This chapter may be cited as...
Section 431.002. Purposes; Liberal Construction - Sec. 431.002. PURPOSES; LIBERAL CONSTRUCTION. (a) The purposes of this...
Section 431.003. Definitions - Sec. 431.003. DEFINITIONS. In this chapter: (1) "Board" means the...
Section 431.004. Open Meetings - Sec. 431.004. OPEN MEETINGS. (a) A corporation is subject to...
Section 431.005. Open Records - Sec. 431.005. OPEN RECORDS. The board is subject to Chapter...
Section 431.006. Application of Texas Non-Profit Corporation Act - Sec. 431.006. APPLICATION OF TEXAS NON-PROFIT CORPORATION ACT. The Texas...
Subchapter B. Creation and Operation of Corporation
Section 431.021. Purpose of Corporation - Sec. 431.021. PURPOSE OF CORPORATION. The purpose of a corporation...
Section 431.022. Application - Sec. 431.022. APPLICATION. (a) Three or more individuals may file...
Section 431.023. Adoption of Resolution - Sec. 431.023. ADOPTION OF RESOLUTION. (a) A corporation may be...
Section 431.024. Form of Corporation - Sec. 431.024. FORM OF CORPORATION. (a) A corporation is a...
Section 431.025. Articles of Incorporation - Sec. 431.025. ARTICLES OF INCORPORATION. The articles of incorporation must...
Section 431.026. Delivery and Filing of Certificate of Incorporation - Sec. 431.026. DELIVERY AND FILING OF CERTIFICATE OF INCORPORATION. (a)...
Section 431.027. Effect of Issuance of Certificate of Incorporation - Sec. 431.027. EFFECT OF ISSUANCE OF CERTIFICATE OF INCORPORATION. (a)...
Section 431.028. Board - Sec. 431.028. BOARD. (a) A corporation must have a board...
Section 431.029. Advisory Directors - Sec. 431.029. ADVISORY DIRECTORS. (a) The board may appoint any...
Section 431.030. Bylaws - Sec. 431.030. BYLAWS. (a) The board shall adopt the initial...
Section 431.031. Quorum - Sec. 431.031. QUORUM. (a) A quorum of a board is...
Section 431.032. Indemnification - Sec. 431.032. INDEMNIFICATION. (a) A corporation may indemnify a director...
Section 431.033. Exemption From Taxation - Sec. 431.033. EXEMPTION FROM TAXATION. A corporation affects all the...
Section 431.034. Income of Transportation Corporation - Sec. 431.034. INCOME OF TRANSPORTATION CORPORATION. The commission has the...
Subchapter C. Corporate Powers
Section 431.061. Definitions - Sec. 431.061. DEFINITIONS. In this subchapter: (1) "Construction" includes improvement...
Section 431.062. General Powers - Sec. 431.062. GENERAL POWERS. (a) A corporation has the powers...
Section 431.063. Promotion and Development of Transportation Facilities and Systems - Sec. 431.063. PROMOTION AND DEVELOPMENT OF TRANSPORTATION FACILITIES AND SYSTEMS....
Section 431.064. Alignment Studies - Sec. 431.064. ALIGNMENT STUDIES. A corporation may perform a preliminary...
Section 431.065. Contributions; Expenses - Sec. 431.065. CONTRIBUTIONS; EXPENSES. (a) A corporation may receive: (1)...
Section 431.066. Employees and Consultants - Sec. 431.066. EMPLOYEES AND CONSULTANTS. (a) A corporation may employ...
Section 431.067. Promotional Activities - Sec. 431.067. PROMOTIONAL ACTIVITIES. (a) A corporation may make official...
Section 431.068. Construction or Improvement Contracts - Sec. 431.068. CONSTRUCTION OR IMPROVEMENT CONTRACTS. (a) A corporation may...
Section 431.069. Location of Transportation Projects - Sec. 431.069. LOCATION OF TRANSPORTATION PROJECTS. A corporation may construct...
Section 431.070. Bonds and Notes - Sec. 431.070. BONDS AND NOTES. (a) A corporation may issue...
Section 431.071. Approval of Bonds and Notes by Attorney General - Sec. 431.071. APPROVAL OF BONDS AND NOTES BY ATTORNEY GENERAL....
Section 431.072. Limitation to Federal or State Highway System - Sec. 431.072. LIMITATION TO FEDERAL OR STATE HIGHWAY SYSTEM. A...
Section 431.073. Project in County of 500,000 or More or Adjacent County - Sec. 431.073. PROJECT IN COUNTY OF 500,000 OR MORE OR...
Subchapter D. Local Government Corporations
Section 431.101. Creation of Local Government Corporation - Sec. 431.101. CREATION OF LOCAL GOVERNMENT CORPORATION. (a) A local...
Section 431.1015. Corporations of Certain Counties for Toll Projects - Sec. 431.1015. CORPORATIONS OF CERTAIN COUNTIES FOR TOLL PROJECTS. (a)...
Section 431.102. Application of Chapter 394, Local Government Code - Sec. 431.102. APPLICATION OF CHAPTER 394, LOCAL GOVERNMENT CODE. (a)...
Section 431.103. Contracts With Political Subdivisions - Sec. 431.103. CONTRACTS WITH POLITICAL SUBDIVISIONS. A local government corporation...
Section 431.104. Assumption of Powers and Duties - Sec. 431.104. ASSUMPTION OF POWERS AND DUTIES. (a) The governing...
Section 431.105. Contractual Authority - Sec. 431.105. CONTRACTUAL AUTHORITY. (a) A state agency, including the...
Section 431.106. Public Safety Rules - Sec. 431.106. PUBLIC SAFETY RULES. A local government that creates...
Section 431.107. Income of Local Government Corporation - Sec. 431.107. INCOME OF LOCAL GOVERNMENT CORPORATION. (a) A local...
Section 431.108. Governmental Functions - Sec. 431.108. GOVERNMENTAL FUNCTIONS. (a) A local government corporation is...
Section 431.109. Contracts for Historically Underutilized Businesses - Sec. 431.109. CONTRACTS FOR HISTORICALLY UNDERUTILIZED BUSINESSES. (a) This section...
Section 431.110. Competitive Bidding Exception for Certain Improvements - Sec. 431.110. COMPETITIVE BIDDING EXCEPTION FOR CERTAIN IMPROVEMENTS. Any competitive...
Subchapter E. Amendment or Restatement of Articles of Incorporation
Section 431.141. Amendment - Sec. 431.141. AMENDMENT. The articles of incorporation of a corporation...
Section 431.142. Amendment by Board of Directors - Sec. 431.142. AMENDMENT BY BOARD OF DIRECTORS. (a) The board...
Section 431.143. Amendment by Commission - Sec. 431.143. AMENDMENT BY COMMISSION. The commission, at its sole...
Section 431.144. Contents of Articles of Amendment - Sec. 431.144. CONTENTS OF ARTICLES OF AMENDMENT. The articles of...
Section 431.145. Execution and Verification of Articles of Amendment - Sec. 431.145. EXECUTION AND VERIFICATION OF ARTICLES OF AMENDMENT. (a)...
Section 431.146. Delivery and Filing of Articles of Amendment - Sec. 431.146. DELIVERY AND FILING OF ARTICLES OF AMENDMENT. (a)...
Section 431.147. Suits Not Affected - Sec. 431.147. SUITS NOT AFFECTED. (a) An amendment to the...
Section 431.148. Restatement of Articles - Sec. 431.148. RESTATEMENT OF ARTICLES. A corporation, by following the...
Section 431.150. Restatement With Additional Amendment - Sec. 431.150. RESTATEMENT WITH ADDITIONAL AMENDMENT. (a) A corporation may:...
Section 431.151. Change in Board Information Not Amendment - Sec. 431.151. CHANGE IN BOARD INFORMATION NOT AMENDMENT. For the...
Section 431.152. Execution and Verification of Restatement of Articles - Sec. 431.152. EXECUTION AND VERIFICATION OF RESTATEMENT OF ARTICLES. (a)...
Section 431.153. Delivery and Filing of Restatement of Articles - Sec. 431.153. DELIVERY AND FILING OF RESTATEMENT OF ARTICLES. (a)...
Subchapter F. Alteration or Dissolution of Corporation
Section 431.181. Alteration or Dissolution by Commission - Sec. 431.181. ALTERATION OR DISSOLUTION BY COMMISSION. (a) At any...
Section 431.182. Dissolution by Board on Completion of Purpose - Sec. 431.182. DISSOLUTION BY BOARD ON COMPLETION OF PURPOSE. The...
Section 431.183. Execution of Articles of Dissolution - Sec. 431.183. EXECUTION OF ARTICLES OF DISSOLUTION. Articles of dissolution...
Section 431.184. Delivery and Filing of Articles of Dissolution - Sec. 431.184. DELIVERY AND FILING OF ARTICLES OF DISSOLUTION. (a)...
Section 431.185. Effect of Issuance of Certificate of Dissolution - Sec. 431.185. EFFECT OF ISSUANCE OF CERTIFICATE OF DISSOLUTION. The...
Section 431.186. Assets on Dissolution - Sec. 431.186. ASSETS ON DISSOLUTION. On dissolution or liquidation of...