Texas Statutes (Last Updated: January 4, 2014) |
UTILITIES CODE |
Title 4. DELIVERY OF UTILITY SERVICES |
Subtitle A. UTILITY CORPORATIONS AND OTHER PROVIDERS |
Chapter 162. TELEPHONE COOPERATIVE CORPORATIONS |
Subchapter B. CREATION AND OPERATION OF TELEPHONE COOPERATIVES |
Sec. 162.058. PERFECTING DEFECTIVELY ORGANIZED CORPORATIONS
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(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.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.