Sec. 457.055.  TRANSFER OF RESOURCES BETWEEN MUNICIPALITY AND AUTHORITY.  (a)  The governing body of a municipality may transfer to an authority created under this chapter:
(1)  property and employees of a division of the municipality that before the creation of the authority was responsible for municipal public transportation;  and
(2)  municipal funds that may be used for mass transit.
(b)  The governing body may abolish or change the functions of the municipal division formerly responsible for municipal public transportation.
(c)  If an authority is required to be dissolved under this chapter, the board, on dissolution of the authority, shall transfer to a municipality the funds, property, and employees that were transferred to the authority under this section.  The governing body of the municipality may then re-create or change the duties of any municipal division abolished or changed as a result of transfers made under this section.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.