Terms Used In Texas Occupations Code 2101.002

  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

In this chapter:
(1) “Art” means a commonly recognized art form, including a painting, sound recording of a musical performance, sculpture, drawing, work of graphic art, pottery, weaving, batik, macrame, or quilt.
(2) “Art dealer” means a person in the business of selling works of art.
(3) “Artist” means the creator of a work of art or, if the creator is dead, the creator’s estate.
(4) “Creditor” has the meaning assigned by Section 1.201, Business & Commerce Code.
(5) “Person” means an individual, partnership, corporation, or association.
(6) “Recording distributor” means a person who acquires a sound recording and sells the sound recording to another person for use or resale.
(7) “Sound recording” means a tangible medium on which music or other sounds are recorded or otherwise stored, including a phonograph record, disc, tape, cassette, or other medium now existing or developed later on which music or other sounds are or can be recorded or otherwise stored or a copy or reproduction that duplicates in whole or in part the original. The term does not include a medium on which the primary recorded information is information other than music or other sound, such as a motion picture or computer program, and that contains recorded sound as an integrated part of the primary recorded information.