Sec. 8448.202. 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. 437 (S.B. 607), Sec. 1, eff. June 14, 2013.
Section: Previous 8448.004 8448.005 8448.006 8448.051 8448.052 8448.101 8448.102 8448.103 8448.104 8448.105 8448.151 8448.152 8448.153 8448.201 8448.202Last modified: September 28, 2016