Texas Transportation Code 131.012 – Eminent Domain
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Terms Used In Texas Transportation Code 131.012
- 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
- Property: means real and personal property. See Texas Government Code 311.005
A corporation chartered for the purpose of constructing, acquiring, maintaining, or operating lines of electric railway between municipalities in this state for the transportation of freight, passengers, or both freight and passengers may:
(1) exercise the power of eminent domain with all the rights and powers granted by law to a railroad company; and
(2) enter, condemn, and appropriate land, right-of-way, easements, or other property of any person or corporation to acquire:
(A) right-of-way on which to construct and operate lines of railway for the acquiring corporation; or
(B) sites for depots or power plants.