Sec. 7927.202. TAXES FOR BONDS. At the time the district issues bonds payable wholly or partly from ad valorem taxes, the board shall provide for the annual imposition of a continuing direct ad valorem tax, without limit as to rate or amount, while all or part of the bonds are outstanding as required and in the manner provided by Sections 54.601 and 54.602, Water Code.
Added by Acts 2015, 84th Leg., R.S., Ch. 63 (H.B. 4126), Sec. 1, eff. September 1, 2015.
Section: Previous 7927.004 7927.005 7927.006 7927.051 7927.052 7927.101 7927.102 7927.103 7927.104 7927.105 7927.151 7927.152 7927.153 7927.201 7927.202Last modified: September 28, 2016