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Tex. Government Code § 1232.120

EXEMPTION FROM TAXATION

Texas · Texas Government Code · Status: effective

Taxation
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Tex. Government Code § 1232.120, EXEMPTION FROM TAXATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/660348
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An obligation issued by the board, any transaction relating to the obligation, and profits made from the sale of the obligation are exempt from taxation by this state or by a municipality or other political subdivision of this state.