Sec. 8449.202. 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. 1395 (H.B. 1385), Sec. 1, eff. June 14, 2013.
Section: Previous 8449.006 8449.051 8449.052 8449.101 8449.102 8449.103 8449.104 8449.105 8449.106 8449.107 8449.151 8449.152 8449.153 8449.201 8449.202Last modified: September 28, 2016