Tex. Special District Local Laws Code § 3902.258: 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 For contingent expiration of this chapter, see Section 3902.301.
- CHAPTER 3902. CLUB MUNICIPAL MANAGEMENT DISTRICT NO. 1
- SUBCHAPTER E. GENERAL FINANCIAL PROVISIONS; ASSESSMENTS
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 2011, 82nd Leg., R.S., Ch. 1195 (H.B. 3859), Sec. 1, eff. September 1, 2011.
Collected 2026-08-27T01:47:41Z. Source file · JSON