Sec. 8473.202. 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. 626 (S.B. 1900), Sec. 1, eff. June 14, 2013.
Section: Previous 8473.004 8473.005 8473.006 8473.051 8473.052 8473.101 8473.102 8473.103 8473.104 8473.105 8473.151 8473.152 8473.153 8473.201 8473.202Last modified: September 28, 2016