Sec. 8307.202. 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 2009, 81st Leg., R.S., Ch. 753 (S.B. 660), Sec. 1, eff. June 19, 2009.
Section: Previous 8307.052 8307.101 8307.102 8307.103 8307.104 8307.105 8307.106 8307.107 8307.108 8307.109 8307.151 8307.152 8307.153 8307.201 8307.202Last modified: September 28, 2016