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Terms Used In Texas Transportation Code 541.001

  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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
  • Property: means real and personal property. See Texas Government Code 311.005

In this subtitle:
(1) “Escort flagger” has the meaning assigned by § 623.008.
(1-a) “Operator” means, as used in reference to a vehicle, a person who drives or has physical control of a vehicle.
(2) “Owner” means, as used in reference to a vehicle, a person who has a property interest in or title to a vehicle. The term:
(A) includes a person entitled to use and possess a vehicle subject to a security interest; and
(B) excludes a lienholder and a lessee whose lease is not intended as security.
(3) “Pedestrian” means a person on foot.
(4) “Person” means an individual, firm, partnership, association, or corporation.
(5) “School crossing guard” means a responsible person who is at least 18 years of age and is designated by a local authority to direct traffic in a school crossing zone for the protection of children going to or leaving a school.