{"data":{"id":"us-tx/tex.-special-district-local-laws-code-6908.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 6908.203","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 2009, 81st Leg., R.S., Ch. 56 (S.B. 914), Sec. 2, eff. May 19, 2009.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE B. FRESH WATER SUPPLY DISTRICTS","CHAPTER 6908. LIBERTY LAKES FRESH WATER SUPPLY DISTRICT NO. 1","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.6908.htm#6908.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"47dd5b1cb3837bfdc2361ab29d8155c804c3ee91a4e686d9be5124bc485c66f1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-6908.202","next":"us-tx/tex.-special-district-local-laws-code-6909.001"},"notice":"GroundRules: Original legal text. Not legal advice."}