Texas Insurance Code 2211.210 – Exemption From Taxation
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Terms Used In Texas Insurance Code 2211.210
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
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.