{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3948.206","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3948.206","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 and payable from ad valorem taxes may not exceed one-fourth of the assessed value of the real property in the district.\nAdded by Acts 2017, 85th Leg., R.S., Ch. 445 (S.B. 320), Sec. 1, eff. June 9, 2017.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 3948. RIVER RANCH IMPROVEMENT DISTRICT OF LIBERTY COUNTY","SUBCHAPTER E. TAXES AND BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3948.htm#3948.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"eb59d906f21c74234f77960b679d457730fbb6cfcd237848669375e0a5566f90","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3948.205","next":"us-tx/tex.-special-district-local-laws-code-3948.251"},"notice":"GroundRules: Original legal text. Not legal advice."}