Sec. 8330.202. 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. 505 (S.B. 994), Sec. 1, eff. June 19, 2009.
Section: Previous 8330.004 8330.005 8330.006 8330.051 8330.052 8330.101 8330.102 8330.103 8330.104 8330.105 8330.151 8330.152 8330.153 8330.201 8330.202Last modified: September 28, 2016