{"data":{"id":"us-tx/tex.-special-district-local-laws-code-7965.201","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 7965.201","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. 10 (H.B. 1439), Sec. 1, eff. May 18, 2017.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 7965. WOOD TRACE MUNICIPAL UTILITY DISTRICT NO. 3 OF MONTGOMERY COUNTY, TEXAS","SUBCHAPTER C. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7965.htm#7965.201","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"817818be339688901be738afc4c9f1821d230312c3cbb5fa146fdd96f9908c9d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-7965.102","next":"us-tx/tex.-special-district-local-laws-code-7966.001"},"notice":"GroundRules: Original legal text. Not legal advice."}