Tex. Spec. Dists. Code § 3870.202

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 3870.202 - 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.

Tex. Spec. Dist. Loc. Laws § 3870.202

Added by Acts 2009, 81st Leg., R.S., Ch. 245, Sec. 1, eff. 9/1/2009.