Sec. 8315.202. 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. 1066 (H.B. 4719), Sec. 1, eff. June 19, 2009.
Section: Previous 8315.101 8315.102 8315.103 8315.104 8315.105 8315.106 8315.107 8315.108 8315.109 8315.110 8315.151 8315.152 8315.153 8315.201 8315.202Last modified: September 28, 2016