Texas Transportation Code 397.002 – Definitions
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Terms Used In Texas Transportation Code 397.002
- 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 chapter:
(1) “Automotive wrecking and salvage yard” means a lot or tract of land on which three or more abandoned, discarded, junked, wrecked, or worn-out automotive vehicles are kept for the purpose of dismantling or wrecking to extract parts, components, and accessories for use in an automotive repair or rebuilding business or for sale.
(2) “Person” means an individual, corporation, or association.