Sec. 8304.202. 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 2009, 81st Leg., R.S., Ch. 483 (S.B. 588), Sec. 1, eff. June 19, 2009.
Section: Previous 8304.006 8304.051 8304.052 8304.101 8304.102 8304.103 8304.104 8304.105 8304.106 8304.107 8304.151 8304.152 8304.153 8304.201 8304.202Last modified: September 28, 2016