Texas Transportation Code 112.151 – Applicability of Subchapter
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Terms Used In Texas Transportation Code 112.151
- 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.
- 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
Notwithstanding any other law, this subchapter does not apply to the portion of a person‘s, receiver’s, or corporation‘s operations that:
(1) consists solely of the fabrication, manufacture, repair, or storage of rail rolling stock; or
(2) uses rail cars solely as a part of its own internal manufacturing or production process.