Sec. 8350.202. 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. 244 (S.B. 2455), Sec. 1, eff. May 27, 2009.
Section: Previous 8350.005 8350.006 8350.051 8350.052 8350.101 8350.102 8350.103 8350.104 8350.105 8350.106 8350.151 8350.152 8350.153 8350.201 8350.202Last modified: September 28, 2016