Untitled Texas Attorney General Opinion

August 17, 1967 Honorable George A. Day Opinion No. M-129 County Attorney Brown County Re: Whether a Municipal Gas 308~ North Broadway Corporation, created as Brownwood, Texas a non-profit corporation to serve a municipality, is exempt from city, State, Dear Mr. Day: county and school taxes. We quote the following excerpt from your letter re- questing the opinion of this Office on the above captioned matter: "The Brady, Texas, Munidipal Gas Corpo- ration has claimed exemption from ad valorem taxation for county, city and school pur- poses. The question to be determined is whether or not from…