Sec. 8414.202. 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 2013, 83rd Leg., R.S., Ch. 909 (H.B. 1260), Sec. 1, eff. June 14, 2013.
Section: Previous 8414.006 8414.007 8414.051 8414.052 8414.101 8414.102 8414.103 8414.104 8414.105 8414.106 8414.107 8414.151 8414.152 8414.201 8414.202Last modified: September 28, 2016