Sec. 8357.202. 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. 581 (S.B. 2460), Sec. 1, eff. June 19, 2009.
Section: Previous 8357.005 8357.006 8357.051 8357.052 8357.101 8357.102 8357.103 8357.104 8357.105 8357.106 8357.151 8357.152 8357.153 8357.201 8357.202Last modified: September 28, 2016