Sec. 7934.202. 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. 883 (H.B. 4178), Sec. 1, eff. June 18, 2015.
Section: Previous 7934.004 7934.005 7934.006 7934.051 7934.052 7934.101 7934.102 7934.103 7934.104 7934.105 7934.151 7934.152 7934.153 7934.201 7934.202Last modified: September 28, 2016