Description: Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Price Daniel, regarding a legal question submitted for clarification: The franchise tax liability of a corporation on notes given to finance real property improvements, after these notes have been assigned by the original holder, the real property has been sold, and the purchaser has assumed payment thereof.
Date: February 12, 1948
Creator: Texas. Attorney-General's Office.
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Partner: UNT Libraries Government Documents Department