Texas Transportation Code 680.001 – Definitions
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Terms Used In Texas Transportation Code 680.001
- 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.
- 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.
In this subchapter:
(1) “Department” means the Department of Public Safety.
(2) “Motorcycle” has the meaning assigned that term by Section 661.001.
(3) “Person” means an individual, partnership, firm, corporation, association, or other private entity.