Tex. Tax Code § 25.13 — EXEMPT PROPERTY SUBJECT TO CONTRACT OF SALE

Property that is exempt from taxation to the titleholder but is subject on January 1 to a contract of sale to a person not entitled to exemption shall be listed in the name of the purchaser. Acts 1979, 66th Leg., p. 2273, ch. 841, Sec. 1, eff. Jan. 1, 1982.