Sec. 8324.202. 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. 1058 (H.B. 4698), Sec. 1, eff. June 19, 2009.
Section: Previous 8324.101 8324.102 8324.103 8324.104 8324.105 8324.106 8324.107 8324.108 8324.109 8324.110 8324.151 8324.152 8324.153 8324.201 8324.202Last modified: September 28, 2016