An out-of-state trust institution doing business in this state is subject to the franchise tax to the extent provided by Chapter 171, Tax Code.
Tex. Fin. Code § 187.006
TAXATION
Known as the Texas Trust Company Act
The act spans §§ 181–199 (242 sections).
Added by Acts 2001, 77th Leg., ch. 1420, Sec. 6.001(a), eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.