Texas Transportation Code 431.034 – Income of Transportation Corporation
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Transportation Code 431.034
- 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.
The commission has the unrestricted right at any time to receive any income earned by a corporation other than a local government corporation.