Sec. 8329.202. 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. 766 (S.B. 860), Sec. 1, eff. June 19, 2009.
Section: Previous 8329.005 8329.006 8329.051 8329.052 8329.101 8329.102 8329.103 8329.104 8329.105 8329.106 8329.151 8329.152 8329.153 8329.201 8329.202Last modified: September 28, 2016