Sec. 8356.202. 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. 867 (S.B. 2504), Sec. 1, eff. September 1, 2009.
Section: Previous 8356.051 8356.052 8356.101 8356.102 8356.103 8356.104 8356.105 8356.106 8356.107 8356.108 8356.151 8356.152 8356.153 8356.201 8356.202Last modified: September 28, 2016