Texas Business and Commerce Code 2002.001 – Definitions
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Terms Used In Texas Business and Commerce Code 2002.001
- 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) “Liquefied petroleum gas” means the hydrocarbon product extracted from natural gas or crude oil and commonly known as butane or propane.
(2) “Person” means an individual, association, or corporation.