§ 162.001 Short Title
§ 162.002 Purpose
§ 162.003 Definitions
§ 162.004 Certain Corporate Names Prohibited
§ 162.005 Effect of Recording Certain Mortgages Executed by Telephone Cooperatives
§ 162.006 Construction Standards
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Terms Used In Texas Utilities Code Chapter 162 > Subchapter A - General Provisions

  • 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.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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
  • 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.