Tax To Repay Bonds

Tex. Special District Local Laws Code § 8203.152, under Somerset Municipal Utility District No. 1.

Tex. Special District Local Laws Code § 8203.152

Sec. 8203.152. TAX TO REPAY BONDS. The district may impose a tax to pay the principal of and interest on bonds issued under Section 8203.201. Added by Acts 2007, 80th Leg., R.S., Ch. 982 (S.B. 1091), Sec. 1, eff. June 15, 2007.