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Terms Used In Texas Tax Code 162.359

  • Comptroller: means the Comptroller of Public Accounts of the State of Texas. See Texas Tax Code 1.04
  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.

An applicant for a license under this subchapter must file an application using a form adopted by the comptroller that contains:
(1) the name under which the applicant transacts or intends to transact business;
(2) the applicant’s principal office, residence, or place of business in this state, or other location of the applicant;
(3) if the applicant is not an individual, the names of the principal officers of an applicant corporation, or the names of the members of an applicant partnership, and the office, street, or post office addresses of each; and
(4) other information required by the comptroller.