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.
Exemption From Franchise Tax
Tex. Agriculture Code § 54.013, under Mutual Loan Corporations.
Tex. Agriculture Code § 54.013