Texas Special District Local Laws Code § 9038.202 Taxes For Bonds

Sec. 9038.202. 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. 584 (S.B. 2464), Sec. 1, eff. June 19, 2009.

Section: Previous  9038.101  9038.102  9038.103  9038.104  9038.105  9038.106  9038.107  9038.108  9038.109  9038.110  9038.151  9038.152  9038.153  9038.201  9038.202

Last modified: September 28, 2016