§ 161.051 Incorporators
§ 161.052 Duration of Corporation
§ 161.053 Name of Electric Cooperative
§ 161.054 Articles of Incorporation
§ 161.055 Filing and Recording of Articles of Incorporation
§ 161.056 Revival of Articles of Incorporation
§ 161.057 Organizational Meeting
§ 161.058 Perfecting Defectively Organized Corporation
§ 161.059 Nonprofit Operation
§ 161.060 Members Not Liable for Debts of Electric Cooperative
§ 161.061 License Fee
§ 161.062 Exemption From Excise Taxes
§ 161.063 Exemption From Application of Securities Act
§ 161.064 Bylaws
§ 161.065 Membership
§ 161.066 Certificate of Membership
§ 161.067 Meetings of Members
§ 161.068 Notice of Members’ Meeting
§ 161.069 Quorum of Members
§ 161.070 Voting by Members
§ 161.071 Board of Directors
§ 161.072 Election of Directors; Vacancies
§ 161.073 Compensation of Directors
§ 161.074 Quorum of Directors
§ 161.075 Board Meetings
§ 161.076 Officers, Agents, and Employees
§ 161.077 Executive Committee
§ 161.078 Indemnification
§ 161.079 Applicability of Chapter to Corporations Organized Under Other Law
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Terms Used In Texas Utilities Code Chapter 161 > Subchapter B - Creation and Operation of Electric Cooperatives

  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • 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.
  • 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
  • Property: means real and personal property. See Texas Government Code 311.005
  • Quorum: The number of legislators that must be present to do business.
  • Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005