Tex.
Bus. & Com. Code Section 261.001
Definitions
(a)
In this chapter:(1)
“Utility” means a person engaged in this state in:(A)
generating, transmitting, or distributing and selling electric power;(B)
transporting, distributing, and selling, through a local distribution system, natural or other gas for domestic, commercial, industrial, or other use;(C)
owning or operating a pipeline to transmit or sell natural or other gas, natural gas liquids, crude oil, or petroleum products to another pipeline company or to a refinery, local distribution system, municipality, or industrial consumer;(D)
providing telephone or telegraph service to others;(E)
producing, transmitting, or distributing and selling steam or water;(F)
operating a railroad; or(G)
providing sewer service to others.(2)
“Utility security instrument” means:(A)
a mortgage, deed of trust, security agreement, or other instrument executed to secure payment of a bond, note, or other obligation of a utility; or(B)
an instrument that supplements or amends an instrument described by Paragraph (A), including a signed copy of the instrument.(b)
The definitions in Chapters 1 (Uniform Commercial Code) and 9 (Applicability of Law to Commercial Transactions) apply to this chapter.
Source:
Section 261.001 — Definitions, https://statutes.capitol.texas.gov/Docs/BC/htm/BC.261.htm#261.001 (accessed Jun. 5, 2024).
