Sec. 8438.202. 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. 471 (S.B. 1073), Sec. 1, eff. June 14, 2013.
Section: Previous 8438.004 8438.005 8438.006 8438.051 8438.052 8438.101 8438.102 8438.103 8438.104 8438.105 8438.151 8438.152 8438.153 8438.201 8438.202Last modified: September 28, 2016