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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Special District Local Laws Code § 3886.205: BONDS FOR ROAD PROJECTS.

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Where this section sits in the code
  1. SPECIAL DISTRICT LOCAL LAWS CODE
  2. TITLE 4. DEVELOPMENT AND IMPROVEMENT
  3. SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT
  4. CHAPTER 3886. PROSPER MANAGEMENT DISTRICT NO. 1
  5. SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS

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. 1077 (H.B. 4752), Sec. 1, eff. September 1, 2009.

Collected 2026-08-27T01:47:41Z. Source file · JSON

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