Texas Local Government Code 504.203 – Required Agreement With Corresponding Taxing Unit
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Terms Used In Texas Local Government Code 504.203
- 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.
A Type A corporation that enters into an agreement under § 504.202 shall enter into an agreement with a corresponding taxing unit to recover the amount paid by the corporation to a taxing unit as provided by § 504.202(d).