'Declaration
 
<DefaultValueAttribute()>
<DescriptionAttribute("Whether the text is painted alone, or if the background is painted first.")>
<CategoryAttribute("Appearance")>
Public Overridable Property TransparentBackground As Boolean

[DefaultValueAttribute()]
[DescriptionAttribute("Whether the text is painted alone, or if the background is painted first.")]
[CategoryAttribute("Appearance")]
public virtual bool TransparentBackground {get; set;}

Property Value

Target Platforms: Windows 7, Windows Vista SP1 or later, Windows XP SP3, Windows Server 2008 (Server Core not supported), Windows Server 2008 R2 (Server Core supported with SP1 or later), Windows Server 2003 SP2

Reference

GoText Class
GoText Members
BackgroundColor Property
BackgroundOpaqueWhenSelected Property
TextColor Property