Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 5. SPECIAL LAW DISTRICTS |
Chapter 152. RIVER AUTHORITIES ENGAGED IN DISTRIBUTION AND SALE OF ELECTRIC ENERGY |
Subchapter B. NONPROFIT CORPORATION ACTING ON BEHALF OF RIVER AUTHORITY |
Sec. 152.055. LIABILITY OF CORPORATE PROPERTY FOR TAXES AND SPECIAL ASSESSMENTS
Latest version.
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The property of a corporation created under Section 152.051 is not exempt from taxes or special assessments imposed by this state or a municipality or other political subdivision of this state.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999.