Sec. 8421.202. 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. 551 (S.B. 624), Sec. 1, eff. June 14, 2013.
Section: Previous 8421.004 8421.005 8421.006 8421.051 8421.052 8421.101 8421.102 8421.103 8421.104 8421.105 8421.151 8421.152 8421.153 8421.201 8421.202Last modified: September 28, 2016