Terms Used In Texas Transportation Code 362.055

  • 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.
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005

This subchapter does not apply to:
(1) a county that has a population of more than 2.5 million;
(2) a local government corporation created under Chapter 431 by a county that has a population of more than 2.5 million; or
(3) a regional tollway authority created under Chapter 366.