Sec. 8327.202. 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 2011, 82nd Leg., R.S., Ch. 1264 (S.B. 1877), Sec. 1, eff. September 1, 2011.
Section: Previous 8327.005 8327.006 8327.051 8327.052 8327.101 8327.102 8327.103 8327.104 8327.105 8327.106 8327.151 8327.152 8327.153 8327.201 8327.202Last modified: September 28, 2016