Texas Transportation Code 81.002 – Applicability
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Terms Used In Texas Transportation Code 81.002
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
In this title, a reference to a railroad company includes:
(1) a railroad incorporated before September 1, 2007, under former Title 112, Revised Statutes; or
(2) any other legal entity operating a railroad, including an entity organized under the Texas Business Corporation Act or the Texas Corporation Law provisions of the Business Organizations Code.