Sec. 8319.202. 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. 869 (S.B. 2506), Sec. 1, eff. June 19, 2009.
Section: Previous 8319.006 8319.051 8319.052 8319.101 8319.102 8319.103 8319.104 8319.105 8319.106 8319.107 8319.151 8319.152 8319.153 8319.201 8319.202Last modified: September 28, 2016