Sec. 8369.202. 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. 1094 (H.B. 4800), Sec. 1, eff. September 1, 2009.
Section: Previous 8369.102 8369.103 8369.104 8369.105 8369.106 8369.107 8369.108 8369.109 8369.110 8369.111 8369.151 8369.152 8369.153 8369.201 8369.202Last modified: September 28, 2016