Sec. 8345.202. 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. 1095 (H.B. 4803), Sec. 1, eff. June 19, 2009.
Section: Previous 8345.006 8345.051 8345.052 8345.101 8345.102 8345.103 8345.104 8345.105 8345.106 8345.107 8345.151 8345.152 8345.153 8345.201 8345.202Last modified: September 28, 2016