Sec. 1105.206. BONDS EXEMPT FROM TAXATION. The following are exempt from taxation by this state or a political subdivision of this state:
(1) any bonds issued by the district;
(2) the transfer of the bonds; and
(3) bond revenue, including any profits made in the sale of the bonds.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1105 - Terry Memorial Hospital District
Section 1105.201. General Obligation Bonds
Section 1105.202. Tax to Pay General Obligation Bonds
Section 1105.203. General Obligation Bond Election
Section 1105.204. Execution of General Obligation Bonds