Sec. 8337.202. 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. 499 (S.B. 880), Sec. 1, eff. June 19, 2009.
Section: Previous 8337.003 8337.004 8337.005 8337.051 8337.052 8337.101 8337.102 8337.103 8337.104 8337.105 8337.151 8337.152 8337.153 8337.201 8337.202Last modified: September 28, 2016