Sec. 8451.202. 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. 1334 (S.B. 752), Sec. 1, eff. June 14, 2013.
Section: Previous 8451.004 8451.005 8451.006 8451.051 8451.052 8451.101 8451.102 8451.103 8451.104 8451.105 8451.151 8451.152 8451.153 8451.201 8451.202Last modified: September 28, 2016