111.406 – OWNERSHIP OF STOCK. A corporation interested in
Texas Natural Resources Code § 111.406
Summary
This law allows corporations involved in the management of well wastewater to buy, own, and vote on stock in companies that handle well wastewater. It facilitates corporate participation in wastewater management, promoting responsible practices in the industry.
Corporations can invest in well wastewater companies.
Allows voting rights in wastewater corporations.
Supports proper management of well wastewater.
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In simple terms: Learn about Texas's OWNERSHIP OF STOCK. A corporation interested in law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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