{"data":{"id":"us-tx/tex.-special-district-local-laws-code-6601.151","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 6601.151","heading":"LIMITATION ON DEBT.","body":"The total principal amount of bonds that the district may have outstanding at any time may not exceed 10 percent of the assessed value of all taxable property in the district according to the most recent certified appraisal roll of the district.\nActs 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE A. DRAINAGE DISTRICTS","CHAPTER 6601. ANGLETON DRAINAGE DISTRICT","SUBCHAPTER D. BONDS AND TAXES"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.6601.htm#6601.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"aa0e205e0b2d1f4eae5ae99b04183071913551b115f313af969af8a47d253b27","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-6601.107","next":"us-tx/tex.-special-district-local-laws-code-6601.152"},"notice":"GroundRules: Original legal text. Not legal advice."}