Tex. Tax Code § 171.087

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 171.087 - Exemption-Nonprofit Corporation Organized for Student Loan Funds or Student Scholarship Purposes

A nonprofit corporation organized solely to provide a student loan fund or student scholarships is exempted from the franchise tax.

Tex. Tax Code § 171.087

Added by Acts 1995, 74th Leg., ch. 1002, Sec. 10, eff. Jan. 1, 1996.