Tex. Special District Local Laws Code § 3891.157: BONDS FOR ROAD PROJECTS.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 4. DEVELOPMENT AND IMPROVEMENT
- SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT
- CHAPTER 3891. SOUTHEAST REGIONAL MANAGEMENT DISTRICT
- SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS
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.
Collected 2026-08-27T01:47:41Z. Source file · JSON