§ 32.034 DOCUMENTS RELATING TO ASSOCIATIONS AND CORPORATIONS.

   (A)   Except as otherwise provided in § 32.035, documents which make, confirm, or evidence any transfer or demise of title to real estate between associations or corporations and the members, partners, shareholders, or stockholders thereof are fully taxable.

   (B)   For the purposes of §§ 32.030 to 32.041, corporations and associations are entities separate from their members, partners, stockholders, or shareholders.

(Res. 1-2006, passed 4-11-2006)