Tex. Water Code § 152.055
This is the official text of Tex. Water Code § 152.055, part of Texas’s Water Code — governs water rights and water resource management.
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§ 152.055. LIABILITY OF CORPORATE PROPERTY FOR TAXES AND SPECIAL ASSESSMENTS.
Official statutory text
The property of a corporation created under Section 152.051 is not exempt from taxes or special assessments imposed by this state or a municipality or other political subdivision of this state.
Status: in_force · Read it on the official government site
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