Texas Utilities Code 186.001 – Definition
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Terms Used In Texas Utilities Code 186.001
- 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.
In this subchapter, “public utility” means and includes a private corporation that does business in this state and has the right of eminent domain, a municipality, or a state agency, authority, or subdivision engaged in the business of:
(1) generating, transmitting, or distributing electric energy to the public;
(2) producing, transmitting, or distributing natural or artificial gas to the public; or
(3) furnishing water to the public.