Texas Utilities Code Chapter 163 > Subchapter E – Electric Cooperative Corporations
Current as of: 2024 | Check for updates
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Other versions
§ 163.121 | Creation |
§ 163.122 | Application of Open Meetings Law |
§ 163.123 | Authority of Public Utility Commission |
§ 163.124 | Power to Issue Certain Bonds or Securities |
Terms Used In Texas Utilities Code Chapter 163 > Subchapter E - Electric Cooperative Corporations
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.