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Tex. Transportation Code § 283.209

RECEIVERSHIP

Texas · Texas Transportation Code · Status: effective

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Tex. Transportation Code § 283.209, RECEIVERSHIP, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/569476
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(a) A receiver appointed under Section 283.208, acting in the same manner as the county, may: (1) take possession of the project; (2) maintain the project; and (3) collect and receive revenues received from the project. (b) The receiver shall dispose of and apply revenues: (1) according to the obligations of the county under the bond instrument; and (2) as directed by a court.