Sec. 8348.202. 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. 1089 (H.B. 4790), Sec. 1, eff. September 1, 2009.
Section: Previous 8348.052 8348.101 8348.102 8348.103 8348.104 8348.105 8348.106 8348.107 8348.108 8348.109 8348.151 8348.152 8348.153 8348.201 8348.202Last modified: September 28, 2016