Texas Utilities Code 36.452 – Definitions
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(a) In this subchapter:
(1) “Corporation” means the Texas Electric Utility System Restoration Corporation.
(2) “Issuer” means the corporation or any other corporation, public trust, public instrumentality, or entity that issues system restoration bonds approved by a financing order.
(b) For the purposes of this subchapter, “qualified costs,” as defined by § 39.302 and as used in Subchapter G, Chapter 39, also includes all costs of establishing, maintaining, and operating the corporation and all costs of the corporation and an issuer in connection with the issuance and servicing of the system restoration bonds, all as approved in the financing order.
Terms Used In Texas Utilities Code 36.452
- 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.
(c) Except as otherwise specifically provided by this subchapter, any defined terms provided by Subchapter I of this chapter and, if made applicable by Subchapter I of this chapter, Subchapter G, Chapter 39, have the same meaning in this subchapter.