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Terms Used In Texas Local Government Code 572.004

  • 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.

This chapter prevails to the extent of a conflict between this chapter and any other law, including:
(1) a law regulating the affairs of a municipal corporation; or
(2) a home-rule charter provision.