Tex. Water Code § 56.241

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

Section 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.

Amended by Acts 2001, 77th Leg., ch. 298, Sec. 13, eff. 9/1/2001.

Acts 1971, 62nd Leg., p. 519, ch. 58, Sec. 1, eff. 8/30/1971.