Sec. 162.058. PERFECTING DEFECTIVELY ORGANIZED CORPORATIONS. (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.
Structure Texas Statutes
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
Section 162.051. Incorporators
Section 162.052. Duration of Corporation
Section 162.053. Name of Telephone Cooperative
Section 162.054. Articles of Incorporation
Section 162.055. Filing and Recording of Articles of Incorporation
Section 162.056. Revival of Articles of Incorporation
Section 162.057. Organizational Meeting
Section 162.058. Perfecting Defectively Organized Corporations
Section 162.059. Nonprofit Operation
Section 162.060. Members Not Liable for Debts of Telephone Cooperative
Section 162.062. Exemption From Excise Taxes
Section 162.063. Exemption From Application of Securities Act
Section 162.067. Meetings of Members
Section 162.068. Notice of Members' Meeting
Section 162.069. Waiver of Notice
Section 162.070. Members' Meeting: Quorum and Voting
Section 162.071. Board of Directors
Section 162.072. Election of Directors; Terms
Section 162.073. Compensation of Directors
Section 162.074. Insurance for Directors
Section 162.075. Board Meetings; Quorum
Section 162.077. Officers, Agents, and Employees
Section 162.078. Executive Committee
Section 162.079. Indemnification
Section 162.080. Change of Location of Principal Office
Section 162.081. Director, Officer, or Member Acting as Notary
Section 162.082. Applicability to Corporations Organized Under Other Law