Utilities Code › Title 4 › Chapter 162 › Subchapter B

Texas Utilities Code § 162.058

Perfecting Defectively Organized Corporations

Telephone Cooperative Corporations · Creation and Operation of Telephone Cooperatives

(a) A telephone cooperative that files defective articles of incorporation or fails to take an action necessary to perfect its corporate organization may:

(1) file corrected articles of incorporation or amend the original articles; and

(2) take any action necessary to correct the defect.

(b) An action taken under this section is valid and binding on any person concerned.

Official text of the Texas Utilities Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.