Sec. 60.114. OBLIGATIONS EXEMPT FROM TAXATION. Any obligations issued under this subchapter shall be exempt from taxation by the State of Texas, any municipal corporation, any county, and or any other political subdivision or taxing district of the state.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 60 - Navigation Districts--General Provisions
Subchapter E. Powers of Districts for Improvement of Port Facilities
Section 60.101. Acquisition and Maintenance of Port Facilities
Section 60.102. Utility Relocation
Section 60.103. Prescribing Fees and Charges
Section 60.104. Power to Borrow Money
Section 60.105. Expenses to Be Paid From Current Revenues
Section 60.106. Pledge of Revenue for Payment of Obligations
Section 60.107. Mortgage as Additional Security
Section 60.108. Issuance of Obligations
Section 60.110. Revenue Set Aside for Sinking Fund
Section 60.111. Deposit of Proceeds of Obligations; Payment
Section 60.112. Insuring Improvements to Protect Holders of Obligations
Section 60.113. Compelling Performance of Duties
Section 60.114. Obligations Exempt From Taxation
Section 60.115. Refunding Obligations
Section 60.116. Approval and Registration of Bonds
Section 60.117. Bonds as Investments
Section 60.118. Board of Trustees of Facility
Section 60.119. Covenants for Management and Operation of Improvements
Section 60.120. Contracts, Leases, and Agreements Authorized
Section 60.121. Conversion of District
Section 60.122. Improvements Not Payable From Taxes