Sec. 8317.102. TAXES FOR BONDS. At the time the district issues bonds payable wholly or partly from ad valorem taxes, the district 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. 349 (H.B. 1113), Sec. 1, eff. June 19, 2009.
Section: Previous 8317.001 8317.002 8317.051 8317.052 8317.053 8317.0541 8317.055 8317.101Last modified: September 28, 2016