Texas Special District Local Laws Code 8803.151 – Definitions
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Terms Used In Texas Special District Local Laws Code 8803.151
- 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 subchapter:
(1) “Commission” means the Public Utility Commission of Texas.
(2) “Directors” means the board of directors of a water supply or sewer service corporation.