Sec. 8367.202. 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. 882 (S.B. 2524), Sec. 1, eff. June 19, 2009.
Section: Previous 8367.006 8367.051 8367.052 8367.101 8367.102 8367.103 8367.104 8367.105 8367.106 8367.107 8367.151 8367.152 8367.153 8367.201 8367.202Last modified: September 28, 2016