Special District Local Laws Code § 3950.256 — United States — Texas law | Esheria

Special District Local Laws Code § 3950.256

When bonds or similar obligations are issued and will be paid from ad valorem taxes, the board must levy a continuing annual ad valorem tax, and the district must levy an annual ad valorem tax on taxable property to cover interest and principal or redemption amounts.

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

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