Public securities issued under this subchapter, any interest from the public securities, and all assets pledged to secure the payment of the public securities are exempt from taxation by the state or a political subdivision of this state.
Tex. Ins. Code § 2211.210
EXEMPTION FROM TAXATION
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.