Sec. 6907.202. 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 Section 53.188, Water Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 51 (S.B. 799), Sec. 2, eff. May 19, 2009.
Section: Previous 6907.002 6907.003 6907.051 6907.052 6907.101 6907.102 6907.103 6907.104 6907.105 6907.151 6907.152 6907.153 6907.154 6907.201 6907.202Last modified: September 28, 2016