Texas Special District Local Laws Code

§ 1004.257 — BONDS NOT SUBJECT TO TAXATION

SD § 1004.257Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1004. BALLINGER MEMORIAL HOSPITAL DISTRICT · Art. F. BONDS

The following are not subject to taxation by the state or by a political subdivision of the state:

(1)bonds issued by the district;

(2)any transaction relating to the bonds; and

(3)profits made in the sale of the bonds.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.