Sec. 8455.202. 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. 769 (S.B. 1065), Sec. 1, eff. June 14, 2013.
Section: Previous 8455.004 8455.005 8455.006 8455.051 8455.052 8455.101 8455.102 8455.103 8455.104 8455.105 8455.151 8455.152 8455.153 8455.201 8455.202Last modified: September 28, 2016