Sec. 8384.202. 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 2011, 82nd Leg., R.S., Ch. 678 (S.B. 1915), Sec. 1, eff. June 17, 2011.
Section: Previous 8384.052 8384.101 8384.102 8384.103 8384.104 8384.105 8384.106 8384.107 8384.151 8384.152 8384.153 8384.201 8384.202 8384.203 8384.251 NextLast modified: September 28, 2016