Sec. 1025.208. BONDS EXEMPT FROM TAXATION. The following are exempt from taxation by this state or a political subdivision of this state:
(1) bonds issued by the district;
(2) the transfer and issuance of the bonds; and
(3) profits made in the sale of the bonds.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1025 - Electra Hospital District
Section 1025.201. General Obligation Bonds
Section 1025.202. Tax to Pay General Obligation Bonds
Section 1025.203. General Obligation Bond Election
Section 1025.204. Maturity of General Obligation Bonds
Section 1025.205. Execution of General Obligation Bonds
Section 1025.206. Revenue Bonds
Section 1025.207. Refunding Bonds
Section 1025.208. Bonds Exempt From Taxation
Section 1025.209. Additional Means of Securing Repayment of Bonds