Texas Local Government Code Chapter 507 > Subchapter E – Taxes
Current as of: 2024 | Check for updates
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Other versions
§ 507.201 | Exemption From Certain Taxes |
§ 507.202 | Payment in Lieu of Ad Valorem Taxes |
Terms Used In Texas Local Government Code Chapter 507 > Subchapter E - Taxes
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Personal property: All property that is not real property.
- Property: means real and personal property. See Texas Government Code 311.005