Sec. 1061.209. BONDS EXEMPT FROM TAXATION

Latest version.

The following are exempt from taxation by this state or a political subdivision:
(1) bonds issued or assumed by the district;
(2) the transfer and issuance of the bonds; and
(3) profits made in the sale of the bonds.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 , Sec. 1.01, eff. April 1, 2011.

                    
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