Tex. Tax Code § 171.071
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A cooperative that is either a farmers' cooperative society incorporated under Chapter 51, Agriculture Code, or a cooperative whose single member is a farmers' cooperative described in Section 521(b)(1), Internal Revenue Code, that has at least 500 farmer-fruit grower members, is exempted from the franchise tax.
Tex. Tax Code § 171.071