Texas Local Government Code Chapter 506 > Subchapter E – Termination of Corporation
Current as of: 2024 | Check for updates
|
Other versions
| § 506.201 | Effect of Withdrawal of County |
| § 506.202 | Distribution of Assets |
Terms Used In Texas Local Government Code Chapter 506 > Subchapter E - Termination of Corporation
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- Year: means 12 consecutive months. See Texas Government Code 311.005