Texas Property Code Chapter 161 > Subchapter A – General Provisions
Current as of: 2024 | Check for updates
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Other versions
| § 161.001 | Definitions |
| § 161.002 | Decree or Governing Instrument Controls |
Terms Used In Texas Property Code Chapter 161 > Subchapter A - General Provisions
- 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.
- Executor: A male person named in a will to carry out the decedent
- Fiduciary: A trustee, executor, or administrator.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Trustee: A person or institution holding and administering property in trust.