EXEMPTION FROM FRANCHISE TAX.

Tex. AGRIC Code § 51.025.
in effect
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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.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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