Sec. 8311.202. 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. 528 (S.B. 1337), Sec. 1, eff. June 19, 2009.
Section: Previous 8311.051 8311.052 8311.101 8311.102 8311.103 8311.104 8311.105 8311.106 8311.107 8311.108 8311.151 8311.152 8311.153 8311.201 8311.202Last modified: September 28, 2016