Sec. 9037.202. 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. 1096 (H.B. 4811), Sec. 1, eff. June 19, 2009.
Section: Previous 9037.007 9037.051 9037.052 9037.101 9037.102 9037.103 9037.104 9037.105 9037.106 9037.107 9037.151 9037.152 9037.153 9037.201 9037.202Last modified: September 28, 2016