Texas Water Code § 56.241 Levy Of Taxes To Pay For Bonds

Sec. 56.241. LEVY OF TAXES TO PAY FOR BONDS. After bonds are authorized at an election, the board shall have taxes annually assessed and collected on all property in the district sufficient to pay interest and principal on the bonds. Taxes collected under this section shall be placed in the interest and sinking fund.

Acts 1971, 62nd Leg., p. 519, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 298, Sec. 13, eff. Sept. 1, 2001.

Section: Previous  56.205  56.207  56.209  56.210  56.211  56.212  56.213  56.241  56.242  56.247  56.248  56.249  56.250  56.251  56.291  Next

Last modified: September 28, 2016