Sec. 8358.202. 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. 1411 (H.B. 4754), Sec. 1, eff. June 19, 2009.
Section: Previous 8358.006 8358.051 8358.052 8358.101 8358.102 8358.103 8358.104 8358.105 8358.106 8358.151 8358.152 8358.153 8358.154 8358.201 8358.202Last modified: September 28, 2016