Terms Used In Texas Utilities Code Chapter 122 - Gas Utility Pipeline Tax

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
• Contract: A legal written agreement that becomes binding when signed.
• 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.
• Forbearance: A means of handling a delinquent loan. A
• Lien: A claim against real or personal property in satisfaction of a debt.
• Month: means a calendar month. See Texas Government Code 312.011
• Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Personal property: All property that is not real property.
• Property: means real and personal property. See Texas Government Code 311.005
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• Succeeding: means immediately following. See Texas Government Code 312.011
• United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005