Sec. 8340.202. 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. 386 (H.B. 1598), Sec. 1, eff. June 19, 2009.
Section: Previous 8340.003 8340.004 8340.005 8340.051 8340.052 8340.101 8340.102 8340.103 8340.104 8340.105 8340.151 8340.152 8340.153 8340.201 8340.202Last modified: September 28, 2016