Texas Utilities Code 162.003 – Definitions
Terms Used In Texas Utilities Code 162.003
- 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.
- 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
In this chapter:
(1) “Board” means the board of directors of a telephone cooperative.
(2) “Communication service” means:
(A) the transmission or reception of information, signals, or messages by any means, including by wire, radio, cellular radio, microwave, or fiber optics; and
(B) the provision of lines, facilities, and systems used in the transmission or reception described by Paragraph (A).
(3) “Member” means:
(A) an incorporator of a telephone cooperative; or
(B) a person admitted to membership in a telephone cooperative as provided by § 162.065.
(4) “Patron” means a member who is eligible to receive patronage dividends or to earn capital credits as a result of purchasing certain services from a telephone cooperative as provided by § 162.066.
(5) “Telephone cooperative” means a corporation that is organized under this chapter or that becomes subject to this chapter as provided by this chapter.