Special District Local Laws Code § 3841.159 — United States — Texas law | Esheria

Special District Local Laws Code § 3841.159

When bonds or similar obligations funded by ad valorem taxes are issued, the board must levy a continuing annual ad valorem tax, and the district must annually levy enough tax to cover interest, principal/redemption funding, and the cost of collecting the tax.

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Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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ad valorem tax bonds property tax

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