Texas Alcoholic Beverage Code 6.05 – Corporate Liability
Current as of: 2024 | Check for updates
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Terms Used In Texas Alcoholic Beverage Code 6.05
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A corporation with an ownership interest in a corporation holding a permit under § 6.03(k) of this code and which shares space, employees, business facilities, or services is subject to liability under Chapter 2 of this code.