Tex. Agriculture Code § 51.025: EXEMPTION FROM FRANCHISE TAX.
Where this section sits in the code
- AGRICULTURE CODE
- TITLE 4. AGRICULTURAL ORGANIZATIONS
- CHAPTER 51. FARMERS' COOPERATIVE SOCIETIES
A society is not required to pay any annual franchise tax, except that a society is exempt from the franchise tax imposed by Chapter 171, Tax Code, only if exempted by that chapter.
Acts 1981, 67th Leg., p. 1101, ch. 388, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1981, 67th Leg., p. 2785, ch. 752, Sec. 15(a), eff. Jan. 1, 1982.
Collected 2026-08-27T01:46:50Z. Source file · JSON