Untitled Texas Attorney General Opinion

THEATTORNEYGENEBAL OFTEXAS May 17, 1961 Honorable Robert S. Calvert Opinion No. ~~-1060 Comptroller of Public Accounts Capitol Station Re: Taxability for inheritance Austin, Texas tax purposes of proceeds of insurance policies taken out by the decedent on his life prior to the 1939 amendment to Article 7117, V.C.S., and subsequently assigned by the decedent after the effective date Dear Mr. Calve&: of the 1939 amendment. You have advised us of the following facts, both orally and in your written request, in connection with your request for an opinion of this office on the above captioned…