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Texas Special District Local Laws Code

§ 1009.206 — BONDS EXEMPT FROM TAXATION

SD § 1009.206Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1009. COCHRAN MEMORIAL HOSPITAL DISTRICT · Art. E. BONDS

Statute text

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The following are exempt from taxation by this state or a political subdivision of this state:
(1)bonds issued by the district;
(2)the transfer of the bonds; and
(3)the bond revenues and 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.

Source: Texas Special District Local Laws Code § 1009.206 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.