Sec. 1072.207. BONDS NOT SUBJECT TO TAXATION

Latest version.

The following are not subject to taxation by the state or by a political subdivision of the state:
(1) bonds issued by the district;
(2) any transaction relating to the bonds; and
(3) profits made in the sale of the bonds.

Added by Acts 2009, 81st Leg., R.S., Ch. 876 , Sec. 3.01, eff. June 19, 2009.

                    
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