Exemption From Franchise Tax

Tex. Agriculture Code § 54.013, under Chapter 54.

Tex. Agriculture Code § 54.013

Sec. 54.013. EXEMPTION FROM FRANCHISE TAX. Corporations formed under this chapter are not required to pay franchise taxes. Acts 1981, 67th Leg., p. 1121, ch. 388, Sec. 1, eff. Sept. 1, 1981.