Sec. 6906.214. BONDS EXEMPT FROM TAXATION. A district bond, the transfer of the bond, and the 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 6906 - Coryell City Water Supply District
Section 6906.201. Authority to Issue Bonds
Section 6906.202. Form of Bonds
Section 6906.204. Bonds Secured by Revenue; Additional Bonds
Section 6906.205. Additional Security
Section 6906.206. Trust Indenture
Section 6906.207. Charges for District Services
Section 6906.208. State Pledge Regarding Rights and Remedies of Bondholders
Section 6906.209. Use of Bond Proceeds
Section 6906.210. Appointment of Receiver
Section 6906.211. Refunding Bonds
Section 6906.212. Other Remedies and Covenants