Sec. 8428.202. 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. 822 (S.B. 1847), Sec. 1, eff. June 14, 2013.
Section: Previous 8428.004 8428.005 8428.006 8428.051 8428.052 8428.101 8428.102 8428.103 8428.104 8428.105 8428.151 8428.152 8428.153 8428.201 8428.202Last modified: September 28, 2016