Sec. 6908.202. 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. 56 (S.B. 914), Sec. 2, eff. May 19, 2009.
Section: Previous 6908.002 6908.003 6908.051 6908.052 6908.101 6908.102 6908.103 6908.104 6908.105 6908.151 6908.152 6908.153 6908.154 6908.201 6908.202Last modified: September 28, 2016