Sec. 8456.202. 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. 768 (S.B. 1064), Sec. 1, eff. June 14, 2013.
Section: Previous 8456.004 8456.005 8456.006 8456.051 8456.052 8456.101 8456.102 8456.103 8456.104 8456.105 8456.151 8456.152 8456.153 8456.201 8456.202Last modified: September 28, 2016