§ 162.121 General Powers
§ 162.122 Powers Relating to Provision of Communication Service
§ 162.123 Connection and Interconnection of Facilities
§ 162.124 Eminent Domain
§ 162.125 Encumbrance and Disposition of Property Without Members’ Authorization
§ 162.126 Encumbrance, Lease, and Disposition of Property With Members’ Authorization

Terms Used In Texas Utilities Code Chapter 162 > Subchapter C - Powers of Telephone Cooperative

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005