Sec. 8328.202. 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. 385 (H.B. 1597), Sec. 1, eff. June 19, 2009.
Section: Previous 8328.003 8328.004 8328.005 8328.051 8328.052 8328.101 8328.102 8328.103 8328.104 8328.105 8328.151 8328.152 8328.153 8328.201 8328.202Last modified: September 28, 2016