Tex. Util. Code § 162.058

PERFECTING DEFECTIVELY ORGANIZED CORPORATIONS

Known as the Telephone Cooperative Act

The act spans §§ 162–162 (61 sections).

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

(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 source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.