Texas Health and Safety Code 221.032 – Perfection of Security Interest
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Terms Used In Texas Health and Safety Code 221.032
- 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.
A security interest granted by a corporation may be perfected in the manner and with the effect provided by Chapter 9, Business & Commerce Code.