Sec. 8433.202. 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. 524 (S.B. 482), Sec. 1, eff. June 14, 2013.
Section: Previous 8433.004 8433.005 8433.006 8433.051 8433.052 8433.101 8433.102 8433.103 8433.104 8433.105 8433.151 8433.152 8433.153 8433.201 8433.202Last modified: September 28, 2016