{"data":{"id":"us-tx/tex.-utilities-code-162.302","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 162.302","heading":"EXISTENCE FOLLOWING DISSOLUTION.","body":"(a) A dissolved telephone cooperative continues to exist to:\n(1) satisfy existing liabilities or obligations;\n(2) collect or liquidate its assets; and\n(3) take any other action required to adjust and wind up its business and affairs.\n(b) A dissolved telephone cooperative may sue and be sued in its corporate name.\nActs 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.","path":["UTILITIES CODE","TITLE 4. DELIVERY OF UTILITY SERVICES","SUBTITLE A. UTILITY CORPORATIONS AND OTHER PROVIDERS","CHAPTER 162. TELEPHONE COOPERATIVE CORPORATIONS","SUBCHAPTER G. DISSOLUTION"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.162.htm#162.302","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"ee68a0eadebcda50c47c7bb93ce30ea91645e43fe33f8267f94bcd61b7d2854d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-162.301","next":"us-tx/tex.-utilities-code-162.303"},"notice":"GroundRules: Original legal text. Not legal advice."}