Tex. Elec. Code § 253.093 · Subchapter D. CORPORATIONS AND LABOR ORGANIZATIONS
CERTAIN ASSOCIATIONS COVERED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) For purposes of this subchapter, the following associations, whether incorporated or not, are considered to be corporations covered by this subchapter: banks, trust companies, savings and loan associations or companies, insurance companies, reciprocal or interinsurance exchanges, railroad companies, cemetery companies, government-regulated cooperatives, stock companies, and abstract and title insurance companies.
(b) For purposes of this subchapter, the members of the associations specified by Subsection (a) are considered to be stockholders.
Notes and commentary — not statutory text
History
Amended by Acts 1987, 70th Leg., ch. 899, Sec. 1, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/EL/htm/EL.253.htm
- Text hash
- sha256 5f601c9d0c44e7c5d4002ce212baffee390f48357f6418f7a7b8dbf9d1bdd8a0
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.