Sec. 8452.202. 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. 574 (S.B. 751), Sec. 1, eff. June 14, 2013.
Section: Previous 8452.004 8452.005 8452.006 8452.051 8452.052 8452.101 8452.102 8452.103 8452.104 8452.105 8452.151 8452.152 8452.153 8452.201 8452.202Last modified: September 28, 2016