Texas Property Code
§ 74.105 — COMBINED REPORTING
PR § 74.105Title 6. UNCLAIMED PROPERTY · Ch. 74. REPORT, DELIVERY, AND CLAIMS PROCESS · Art. B. PROPERTY REPORT
Statute text
View on source(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
…
Legislative history
Added by Acts 2019, 86th Leg., R.S., Ch. 897 (H.B. 3598), Sec. 4, eff. June 10, 2019.