Sec. 8468.202. 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. 499 (S.B. 1862), Sec. 1, eff. June 14, 2013.
Section: Previous 8468.004 8468.005 8468.006 8468.051 8468.052 8468.101 8468.102 8468.103 8468.104 8468.105 8468.151 8468.152 8468.153 8468.201 8468.202Last modified: September 28, 2016