Sec. 9034.202. 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 Section 51.433, Water Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 219 (S.B. 1241), Sec. 1, eff. May 27, 2009.
Section: Previous 9034.006 9034.051 9034.052 9034.101 9034.102 9034.103 9034.104 9034.105 9034.106 9034.107 9034.151 9034.152 9034.153 9034.201 9034.202Last modified: September 28, 2016