{"data":{"id":"us-tx/tex.-special-district-local-laws-code-7932.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 7932.203","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 2015, 84th Leg., R.S., Ch. 982 (H.B. 4154), Sec. 3, eff. June 19, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 7932. MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT NO. 152","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7932.htm#7932.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"013bec885cdb4089fdbf3e4a1ceb75db92426f24dc341d8c00e1ba364f5de9c6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-7932.202","next":"us-tx/tex.-special-district-local-laws-code-7933.001"},"notice":"GroundRules: Original legal text. Not legal advice."}