Sec. 8334.202. 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. 508 (S.B. 1039), Sec. 1, eff. June 19, 2009.
Section: Previous 8334.005 8334.006 8334.051 8334.052 8334.101 8334.102 8334.103 8334.104 8334.105 8334.106 8334.151 8334.152 8334.153 8334.201 8334.202Last modified: September 28, 2016