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Subchapter A. General Provisions
Section 161.001. Short Title - Sec. 161.001. SHORT TITLE. This chapter may be cited as...
Section 161.002. Definitions - Sec. 161.002. DEFINITIONS. In this chapter: (1) "Acquire" means and...
Section 161.003. Construction of Chapter - Sec. 161.003. CONSTRUCTION OF CHAPTER. This chapter shall be liberally...
Section 161.004. Certain Corporate Names Prohibited - Sec. 161.004. CERTAIN CORPORATE NAMES PROHIBITED. A corporation organized under...
Section 161.005. Chapter Complete and Controlling - Sec. 161.005. CHAPTER COMPLETE AND CONTROLLING. This chapter is complete...
Subchapter B. Creation and Operation of Electric Cooperatives
Section 161.051. Incorporators - Sec. 161.051. INCORPORATORS. (a) Three or more individuals may act...
Section 161.052. Duration of Corporation - Sec. 161.052. DURATION OF CORPORATION. An electric cooperative may be...
Section 161.053. Name of Electric Cooperative - Sec. 161.053. NAME OF ELECTRIC COOPERATIVE. The name of an...
Section 161.054. Articles of Incorporation - Sec. 161.054. ARTICLES OF INCORPORATION. (a) The articles of incorporation...
Section 161.055. Filing and Recording of Articles of Incorporation - Sec. 161.055. FILING AND RECORDING OF ARTICLES OF INCORPORATION. (a)...
Section 161.056. Revival of Articles of Incorporation - Sec. 161.056. REVIVAL OF ARTICLES OF INCORPORATION. (a) If the...
Section 161.057. Organizational Meeting - Sec. 161.057. ORGANIZATIONAL MEETING. (a) After the certificate of incorporation...
Section 161.058. Perfecting Defectively Organized Corporation - Sec. 161.058. PERFECTING DEFECTIVELY ORGANIZED CORPORATION. (a) An electric cooperative...
Section 161.059. Nonprofit Operation - Sec. 161.059. NONPROFIT OPERATION. (a) An electric cooperative shall operate...
Section 161.060. Members Not Liable for Debts of Electric Cooperative - Sec. 161.060. MEMBERS NOT LIABLE FOR DEBTS OF ELECTRIC COOPERATIVE....
Section 161.061. License Fee - Sec. 161.061. LICENSE FEE. Not later than May 1 of...
Section 161.062. Exemption From Excise Taxes - Sec. 161.062. EXEMPTION FROM EXCISE TAXES. An electric cooperative is...
Section 161.063. Exemption From Application of Securities Act - Sec. 161.063. EXEMPTION FROM APPLICATION OF SECURITIES ACT. The Securities...
Section 161.064. Bylaws - Sec. 161.064. BYLAWS. (a) The board may adopt, amend, or...
Section 161.065. Membership - Sec. 161.065. MEMBERSHIP. (a) A person is eligible to become...
Section 161.066. Certificate of Membership - Sec. 161.066. CERTIFICATE OF MEMBERSHIP. (a) An electric cooperative shall...
Section 161.067. Meetings of Members - Sec. 161.067. MEETINGS OF MEMBERS. (a) An electric cooperative may...
Section 161.068. Notice of Members' Meeting - Sec. 161.068. NOTICE OF MEMBERS' MEETING. (a) Written notice of...
Section 161.069. Quorum of Members - Sec. 161.069. QUORUM OF MEMBERS. Unless otherwise provided by the...
Section 161.070. Voting by Members - Sec. 161.070. VOTING BY MEMBERS. Each member present at a...
Section 161.071. Board of Directors - Sec. 161.071. BOARD OF DIRECTORS. (a) The business and affairs...
Section 161.072. Election of Directors; Vacancies - Sec. 161.072. ELECTION OF DIRECTORS; VACANCIES. (a) The incorporators of...
Section 161.073. Compensation of Directors - Sec. 161.073. COMPENSATION OF DIRECTORS. A director of an electric...
Section 161.074. Quorum of Directors - Sec. 161.074. QUORUM OF DIRECTORS. (a) A majority of the...
Section 161.075. Board Meetings - Sec. 161.075. BOARD MEETINGS. (a) The board shall hold a...
Section 161.076. Officers, Agents, and Employees - Sec. 161.076. OFFICERS, AGENTS, AND EMPLOYEES. (a) The board shall...
Section 161.077. Executive Committee - Sec. 161.077. EXECUTIVE COMMITTEE. (a) The bylaws of an electric...
Section 161.078. Indemnification - Sec. 161.078. INDEMNIFICATION. An electric cooperative may indemnify and provide...
Section 161.079. Applicability of Chapter to Corporations Organized Under Other Law - Sec. 161.079. APPLICABILITY OF CHAPTER TO CORPORATIONS ORGANIZED UNDER OTHER...
Subchapter C. Powers of Electric Cooperative
Section 161.121. General Powers - Sec. 161.121. GENERAL POWERS. An electric cooperative may: (1) sue...
Section 161.122. Provision of Rural Electrification - Sec. 161.122. PROVISION OF RURAL ELECTRIFICATION. An electric cooperative may...
Section 161.123. Powers Relating to Provision of Electric Energy - Sec. 161.123. POWERS RELATING TO PROVISION OF ELECTRIC ENERGY. An...
Section 161.124. Provision of Electric Energy to Certain Nonmember Entities - Sec. 161.124. PROVISION OF ELECTRIC ENERGY TO CERTAIN NONMEMBER ENTITIES....
Section 161.125. Eminent Domain - Sec. 161.125. EMINENT DOMAIN. An electric cooperative may exercise the...
Subchapter D. Amendment of Articles of Incorporation
Section 161.151. Amendment of Articles of Incorporation - Sec. 161.151. AMENDMENT OF ARTICLES OF INCORPORATION. (a) An electric...
Section 161.152. Articles of Amendment - Sec. 161.152. ARTICLES OF AMENDMENT. (a) Articles of amendment of...
Subchapter E. Consolidation of Electric Cooperatives
Section 161.201. Consolidation - Sec. 161.201. CONSOLIDATION. (a) Two or more electric cooperatives may...
Section 161.202. Articles of Consolidation - Sec. 161.202. ARTICLES OF CONSOLIDATION. (a) The articles of consolidation...
Subchapter F. Dissolution
Section 161.251. Dissolution - Sec. 161.251. DISSOLUTION. (a) An electric cooperative may be dissolved...
Section 161.252. Existence Following Dissolution - Sec. 161.252. EXISTENCE FOLLOWING DISSOLUTION. (a) A dissolved electric cooperative...
Section 161.253. Distribution of Net Assets on Dissolution - Sec. 161.253. DISTRIBUTION OF NET ASSETS ON DISSOLUTION. Assets of...
Section 161.254. Dissolution of Defectively Incorporated Electric Cooperative - Sec. 161.254. DISSOLUTION OF DEFECTIVELY INCORPORATED ELECTRIC COOPERATIVE. (a) An...