§ 394.021 Board of Directors
§ 394.022 Organizational Meeting
§ 394.023 Disposition of Corporate Earnings
§ 394.024 Registered Office and Agent
§ 394.025 Corporate Books and Records
§ 394.026 Dissolution of Corporation
§ 394.027 Annual Report
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Terms Used In Texas Local Government Code Chapter 394 > Subchapter C - Corporate Administration and Operation

  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • 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
  • Quorum: The number of legislators that must be present to do business.
  • Rule: includes regulation. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005