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Texas Special District Local Laws Code

§ 1072.207 — BONDS NOT SUBJECT TO TAXATION

SD § 1072.207Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1072. RUNNELS COUNTY HOSPITAL DISTRICT · Art. E. BONDS

Statute text

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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 2009, 81st Leg., R.S., Ch. 876 (S.B. 2517), Sec. 3.01, eff. June 19, 2009.

Source: Texas Special District Local Laws Code § 1072.207 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.