Sec. 9011.262. BONDS EXEMPT FROM TAXATION


Latest version.
  • A bond issued under this subchapter, the transfer of the bond, and income from the bond, including profits made on the sale of the bond, are exempt from taxation in this state.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.12, eff. April 1, 2009.