Sec. 8351.202. 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. 392 (H.B. 1691), Sec. 1, eff. June 19, 2009.
Section: Previous 8351.003 8351.004 8351.005 8351.051 8351.052 8351.101 8351.102 8351.103 8351.104 8351.105 8351.151 8351.152 8351.153 8351.201 8351.202Last modified: September 28, 2016