Sec. 7959.202. 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. 891 (H.B. 4204), Sec. 1, eff. June 18, 2015.
Section: Previous 7959.004 7959.005 7959.006 7959.051 7959.052 7959.101 7959.102 7959.103 7959.104 7959.105 7959.151 7959.152 7959.153 7959.201 7959.202Last modified: September 28, 2016