Sec. 7910.202. 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 2015, 84th Leg., R.S., Ch. 895 (S.B. 1002), Sec. 1, eff. June 18, 2015.
Section: Previous 7910.004 7910.005 7910.006 7910.051 7910.052 7910.101 7910.102 7910.103 7910.104 7910.105 7910.151 7910.152 7910.153 7910.201 7910.202Last modified: September 28, 2016