Tex. Special District Local Laws Code § 8375.203: BONDS FOR ROAD PROJECTS.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE F. MUNICIPAL UTILITY DISTRICTS For contingent expiration of this chapter, see Section 8375.004.
- CHAPTER 8375. PILOT KNOB MUNICIPAL UTILITY DISTRICT NO. 1
- 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 and payable from ad valorem taxes 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. 986 (H.B. 1757), Sec. 1, eff. June 17, 2011.
Collected 2026-08-27T01:47:41Z. Source file · JSON