BONDS FOR ROAD PROJECTS.

Tex. SPEC. DIST. LOCAL LAWS Code § 3865.203.
in effect
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At the time of issuance, the total principal amount of bonds or other obligations issued or incurred to finance road projects may not exceed one-fourth of the assessed value of the real property in the district. Added by Acts 2009, 81st Leg., R.S., Ch. 142 (S.B. 1295 ), Sec. 1, eff. May 23, 2009.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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