Sec. 6903.312. BONDS EXEMPT FROM TAXATION. A bond issued under this subchapter, the transfer of the bond, and income from the bond, including profits made on the sale of the bond, are exempt from taxation in this state.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle B - Fresh Water Supply Districts
Chapter 6903 - Eastland County Water Supply District
Section 6903.301. Authority to Issue Bonds
Section 6903.302. Form of Bonds
Section 6903.304. Election for Bonds Payable From Ad Valorem Taxes
Section 6903.305. Bonds Payable From Revenue
Section 6903.306. Bonds Payable From Ad Valorem Taxes
Section 6903.307. Tax and Rate Requirements
Section 6903.308. Additional Security
Section 6903.309. Use of Bond Proceeds
Section 6903.310. Appointment of Receiver