Section 431.065 - Contributions; Expenses(a) A corporation may receive:(1) a contribution of real property for a right-of-way; and(2) a cash donation for: (A) the purchase of a right-of-way; or(B) the design or construction of a transportation facility or system.(b) A corporation may establish a formula to determine the amount of cash donations from affected property owners and others necessary to cover the cost of a service to be performed by the corporation or its consultants.(c) A corporation may borrow money to meet any expense or need associated with the regular operation of the corporation or a particular transportation project.Tex. Transp. Code § 431.065
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.