{"data":{"id":"us-tx/tex.-special-district-local-laws-code-7968a.0503","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 7968A.0503","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 2023, 88th Leg., R.S., Ch. 787 (H.B. 5344), Sec. 5(a), eff. June 13, 2023.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 7968A. MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT NO. 236","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7968A.htm#7968A.0503","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"ba6c681c2c1b56dfdd41fa6221840c1dd802b592140c3a072446e68d2b356cc9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-7968a.0502","next":"us-tx/tex.-special-district-local-laws-code-7969.001"},"notice":"GroundRules: Original legal text. Not legal advice."}