Sec. 1094.258. BONDS EXEMPT FROM TAXATION. The following are exempt from taxation by this state or a political subdivision of this state:
(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 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1094 - Seminole Hospital District of Gaines County, Texas
Section 1094.251. General Obligation Bonds
Section 1094.252. Tax to Pay General Obligation Bonds
Section 1094.253. General Obligation Bond Election
Section 1094.254. Maturity of General Obligation Bonds
Section 1094.255. Execution of General Obligation Bonds
Section 1094.256. Revenue Bonds
Section 1094.257. Refunding Bonds
Section 1094.258. Bonds Exempt From Taxation
Section 1094.259. Additional Means of Securing Repayment of Bonds