Sec. 8489.202. 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. 1122 (H.B. 3941), Sec. 1, eff. June 14, 2013.
Section: Previous 8489.101 8489.102 8489.103 8489.104 8489.105 8489.106 8489.107 8489.108 8489.109 8489.110 8489.151 8489.152 8489.153 8489.201 8489.202Last modified: September 28, 2016