Sec. 8441.202. 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. 753 (S.B. 609), Sec. 1, eff. June 14, 2013.
Section: Previous 8441.004 8441.005 8441.006 8441.051 8441.052 8441.101 8441.102 8441.103 8441.104 8441.105 8441.151 8441.152 8441.153 8441.201 8441.202Last modified: September 28, 2016