Sec. 8365.202. 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. 880 (S.B. 2521), Sec. 1, eff. June 19, 2009.
Section: Previous 8365.006 8365.051 8365.052 8365.101 8365.102 8365.103 8365.104 8365.105 8365.106 8365.107 8365.151 8365.152 8365.153 8365.201 8365.202Last modified: September 28, 2016