Texas Local Government Code 117.001 – Definitions
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Terms Used In Texas Local Government Code 117.001
- 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) “Bank” means a banking corporation or association, an individual banker, or a state or federal savings and loan association or savings bank.
(2) “Clerk” means a county clerk, a district clerk, or a county and district clerk.
(3) “Registry funds” means funds tendered to the clerk for deposit into the registry of the court.
(4) “Separate account” means funds transferred from a special account into a separate interest-bearing account.
(5) “Special account” means an account in a depository in which registry funds are placed.