Sec. 3910.205. 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 annual ad valorem tax, without limit as to rate or amount, for each year that 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 2013, 83rd Leg., R.S., Ch. 1331 (S.B. 690), Sec. 1, eff. June 14, 2013.
Section: Previous 3910.112 3910.113 3910.114 3910.151 3910.152 3910.153 3910.154 3910.155 3910.156 3910.157 3910.201 3910.202 3910.203 3910.204 3910.205Last modified: September 28, 2016