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Texas Water Code

§ 51.407 — TAX TO PAY PRELIMINARY BONDS

WA § 51.407Title 4. GENERAL LAW DISTRICTS · Ch. 51. WATER CONTROL AND IMPROVEMENT DISTRICTS · Art. K. ISSUANCE OF BONDS

Statute text

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At the time preliminary bonds are issued, a tax shall be levied to pay principal and interest as the bonds mature and to pay the cost of assessing and collecting the taxes.

Legislative history

Acts 1971, 62nd Leg., p. 336, ch. 58, Sec. 1, eff. Aug. 30, 1971.