{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3900.207","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3900.207","heading":"BONDS FOR ROAD PROJECTS.","body":"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.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 856 (H.B. 3831), Sec. 1, eff. September 1, 2011.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 3900. MONTECILLO MUNICIPAL MANAGEMENT DISTRICT NO. 1","SUBCHAPTER E. TAXES AND BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3900.htm#3900.207","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"c7c785ae7eeec2e09f5d8be0155a9ad073f2e569828503211a4b6cab8d10716d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3900.206","next":"us-tx/tex.-special-district-local-laws-code-3900.208"},"notice":"GroundRules: Original legal text. Not legal advice."}