Texas Utilities Code 162.058 – Perfecting Defectively Organized Corporations
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(a) A telephone cooperative that files defective articles of incorporation or fails to take an action necessary to perfect its corporate organization may:
(1) file corrected articles of incorporation or amend the original articles; and
(2) take any action necessary to correct the defect.
(b) An action taken under this section is valid and binding on any person concerned.
Terms Used In Texas Utilities Code 162.058
- 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