§ 181.001 Definitions
§ 181.002 Corporate Powers
§ 181.003 Authority to Borrow Money, Issue Stock, or Mortgage Property
§ 181.004 Condemnation of Property
§ 181.005 Authority to Lay and Maintain Lines
§ 181.006 Consent Required in Municipality
§ 181.007 Authority to Hold Land or Other Property
§ 181.008 Authority Relating to Transport or Sale
§ 181.009 Discrimination Prohibited
lawyer at desk

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Texas Utilities Code Chapter 181 > Subchapter A - Powers and Duties of Gas and Electric 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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