BONDS FOR ROAD PROJECTS.

Tex. SPEC. DIST. LOCAL LAWS Code § 3891.157.
in effect
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At the time of issuance the total principal amount of bonds or other obligations incurred to finance a road project may not exceed one-fourth of the assessed value of real property in the district. Added by Acts 2009, 81st Leg., R.S., Ch. 1102 (H.B. 4829 ), Sec. 1, eff. June 19, 2009.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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