Texas Natural Resources Code 111.402 – Creation of Well Wastewater Corporation
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Terms Used In Texas Natural Resources Code 111.402
- 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.
A well wastewater corporation may be created to gather, store, and impound well wastewater and to prevent the flow of the well wastewater into a stream when the stream may be used for irrigation.