Tex. Water Code Section 152.055
Liability of Corporate Property for Taxes and Special Assessments


The property of a corporation created under Section 152.051 (Creation of Nonprofit Corporation) is not exempt from taxes or special assessments imposed by this state or a municipality or other political subdivision of this state.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999.

Source: Section 152.055 — Liability of Corporate Property for Taxes and Special Assessments, https://statutes.­capitol.­texas.­gov/Docs/WA/htm/WA.­152.­htm#152.­055 (accessed Jun. 5, 2024).

152.001
Applicability
152.002
Application of Other Law
152.051
Creation of Nonprofit Corporation
152.052
Powers of Nonprofit Corporation
152.053
Board of Directors
152.054
Supervision by Board of Directors of River Authority
152.055
Liability of Corporate Property for Taxes and Special Assessments
152.056
Transfer of River Authority Assets to Corporation
152.057
Application of Other Law to River Authority
152.058
Guarantee and Other Credit Support Relating to Public Securities and Other Obligations
152.101
Authority to Participate in Energy or Water Conservation Program
152.102
Participation in Conservation Program by Person Other than River Authority
152.103
Public Purpose and Governmental Function
152.151
Definition
152.152
Applicability
152.153
Authority for Economic Development Program
152.154
Program Area
152.155
Establishment of Program
152.156
Participation in Program by Person Other than River Authority
152.157
Staffing and Funding of Program
152.158
Agreement
152.159
Guidelines for Assistance to Public Fire-fighting Organizations
152.160
Receipt of Electric Service as Condition for Participation in Program
152.161
Limitations on Use of Program
152.201
Authority to Issue Obligations
152.202
Sale or Exchange of Obligations
152.203
Independent Appraisal
152.251
Definition
152.252
Authority to Enter into Hedging Contract
152.253
Payment Considered Fuel Expense
152.254
Investment of Money in Hedging Transaction
152.255
Recoverability of Costs from Ratepayers
152.301
Electric Transmission Services and Facilities
152.302
Limitation on Electric Transmission Facilities

Accessed:
Jun. 5, 2024

§ 152.055’s source at texas​.gov