Tex. Transp. Code § 283.103

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 283.103 - Tolls Required

The county shall impose tolls and other charges for use of the project in amounts that are sufficient to:

(1) pay operation and maintenance costs of the project;

(2) pay principal and interest when due on the bonds;

(3) establish a reserve fund if required; and

(4) establish an adequate depreciation and replacement fund.

Tex. Transp. Code § 283.103

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.