Texas § PR.74.105 - COMBINED REPORTING
Full text of Texas The Texas Constitution § PR.74.105 — COMBINED REPORTING, with citation guidance and answers to common questions.
§ PR.74.105. COMBINED REPORTING
COMBINED REPORTING. (a) In this section: (1) "Affiliated group" means a group of one or more entities in which a controlling interest is owned by a common owner, either corporate or noncorporate, or by one or more of the member entities. (2) "Controlling interest" means: (A) for a corporation, more than 50 percent, owned directly or indirectly, of the total voting power of all classes of stock of the corporation; (B) for a partnership, more than 50 percent, owned directly or indirectly, of the capital or profits in the partnership; (C) for a limited liability company, more than 50 percent, owned directly or indirectly, of the total membership interest of the limited liability company; and (D) for an association, trust, or other entity, more than 50 percent, owned directly or indirectly, of the beneficial interest in the association, trust, or other entity. (b) If a holder that is required to file a property report under this chapter is a member of an affiliated group, the holder shall file one report for the affiliated group. Added by Acts 2019, 86th Leg., R.S., Ch. 897 (H.B. 3598 ), Sec. 4, eff. June 10, 2019.
Frequently Asked Questions About Texas § PR.74.105
What does The Texas Constitution § PR.74.105 cover?
Section PR.74.105 ("COMBINED REPORTING") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § PR.74.105?
A common citation format is "The Texas Constitution § PR.74.105" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § PR.74.105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.