Texas Utilities Code - Section 161.002. Definitions
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§ 161.002. DEFINITIONS. In this chapter:
(1) "Acquire" means and includes construct, acquire by
purchase, lease, devise, or gift, or other mode of acquisition.
(2) "Board" means the board of directors of an
electric cooperative.
(3) "Central station service" means electric service
provided by a municipally owned electric system or by an electric
corporation described by Subchapter A, Chapter 181.
(4) "Electric cooperative" means a corporation that is
organized under this chapter or that becomes subject to this
chapter as provided by this chapter.
(5) "Member" means:
(A) an incorporator of an electric cooperative;
or
(B) a person admitted to membership in the
electric cooperative as provided by Section 161.065.
(6) "Obligation" includes a bond, note, debenture,
interim certificate or receipt, or other evidence of indebtedness
issued by an electric cooperative.
(7) "Rural area" means an area, including both farm
and nonfarm population of the area, that is not located in:
(A) a municipality having a population greater
than 1,500; or
(B) an unincorporated city, town, village, or
borough having a population greater than 1,500.
Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.
Section: 123.021 123.022 123.023 123.024 124.001 124.002 161.001 161.002 161.003 161.004 161.005 161.051 161.052 161.053 161.054
Last modified: August 10, 2007
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