Texas Special District Local Laws Code Chapter 1107 > Subchapter A – General Provisions
Current as of: 2024 | Check for updates
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Other versions
| § 1107.001 | Definitions |
| § 1107.002 | Authority for Operation |
| § 1107.003 | District Territory |
Terms Used In Texas Special District Local Laws Code Chapter 1107 > Subchapter A - General Provisions
- 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.