{"data":{"id":"us-tx/tex.-special-district-local-laws-code-7955.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 7955.203","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. 911 (S.B. 2057), Sec. 1.01, eff. September 1, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 7955. DOUBLE R MUNICIPAL UTILITY DISTRICT NO. 1 OF HUNT COUNTY","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7955.htm#7955.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"7493ebc09d58cab86c51a7c96b4223e61f08d10aeec8337b546b097239cde398","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-7955.202","next":"us-tx/tex.-special-district-local-laws-code-7955a.0101"},"notice":"GroundRules: Original legal text. Not legal advice."}