TRANSPORTATION CODE
TITLE 6. ROADWAYS
SUBTITLE I. TRANSPORTATION CORPORATIONS
CHAPTER 431. TEXAS TRANSPORTATION CORPORATION ACT
SUBCHAPTER A. GENERAL PROVISIONS
Sec. 431.001. SHORT TITLE. This chapter may be cited as the Texas Transportation Corporation Act.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Sec. 431.002. PURPOSES; LIBERAL CONSTRUCTION. (a) The purposes of this chapter are:
(1) the promotion and development of public transportation facilities and systems by new and alternative means;
(2) the expansion and improvement of transportation facilities and systems;
(3) the creation of corporations to secure and obtain rights-of-way for urgently needed transportation systems and to assist in the planning and design of those systems;
(4) the reduction of burdens and demands on the limited funds available to the commission and an increase in the effectiveness and efficiency of the commission; and
(5) the promotion and development of transportation facilities and systems that are public, not private, in nature, although these facilities and systems may benefit private interests as well as the public.
(b) This chapter shall be liberally construed to give effect to the purposes of this chapter.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Sec. 431.003. DEFINITIONS. In this chapter:
(1) “Board” means the board of directors of a corporation organized under this chapter.
(2) “Corporation” means a corporation organized under this chapter and includes a local government corporation.
(3) “Local government” means:
(A) a municipality;
(B) a county; or
(C) for purposes of Subchapter D:
(i) a navigation district, hospital district, or hospital authority;
(ii) a regional transportation authority governed by Chapter 452;
(iii) a rapid transit authority governed by Chapter 451; or
(iv) a coordinated county transportation authority governed by Chapter 460.
(4) “Local government corporation” means a corporation incorporated as provided by Subchapter D to act on behalf of a local government.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 2001, 77th Leg., ch. 1370, Sec. 1, eff. June 16, 2001.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 241 (H.B. 2090), Sec. 1, eff. May 25, 2007.
Acts 2011, 82nd Leg., R.S., Ch. 422 (S.B. 888), Sec. 1, eff. June 17, 2011.
Acts 2013, 83rd Leg., R.S., Ch. 71 (S.B. 276), Sec. 1, eff. May 18, 2013.
Acts 2013, 83rd Leg., R.S., Ch. 594 (S.B. 948), Sec. 1, eff. September 1, 2013.
Sec. 431.004. OPEN MEETINGS. (a) A corporation is subject to Chapter 551, Government Code.
(b) Except as provided by Subsection (c) or (d), the board shall file notice of each meeting of the board in the same manner and in the same location as is required of a state governmental body under Chapter 551, Government Code.
(c) If the commission designates an area of the state in which a corporation may act on behalf of the commission, the board shall file notice of each meeting of the board in the same manner and in the same location as is required of a governmental body under Section 551.053, Government Code.
(d) The board of a local government corporation shall file notice of each meeting of the board in the same manner and in the same location as is required of the governing body under Chapter 551, Government Code, of the one or more local governments that created the local government corporation.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Sec. 431.005. OPEN RECORDS. The board is subject to Chapter 552, Government Code.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Sec. 431.006. APPLICATION OF TEXAS NON-PROFIT CORPORATION ACT. The Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon’s Texas Civil Statutes) applies to a corporation to the extent that the provisions of that Act are not inconsistent with this chapter.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.