Texas Tax Code 11.424 – Conflict Between Governing Regulation of Nonprofit Organization, Association, or Entity and Contract With United States
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Tax Code 11.424
- Contract: A legal written agreement that becomes binding when signed.
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
To the extent of a conflict between a provision in a contract entered into by an organization, association, or entity with the United States and a provision in the charter, a bylaw, or other regulation adopted by the organization or entity to govern its affairs in compliance with § 11.18(f)(2), 11.19(d)(5), 11.20(c)(4), or 11.21(d)(5), the existence of the contract or the organization’s compliance with the contract does not affect the eligibility of the organization, association, or entity to receive an exemption under the applicable section of this code, and the organization, association, or entity may comply with the provision in the contract instead of the conflicting provision in the charter, bylaw, or other regulation.