{"data":{"id":"us-tx/tex.-special-district-local-laws-code-7983a.0403","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 7983A.0403","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. 649 (H.B. 5396), Sec. 1, eff. June 12, 2023.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 7983A. STANLEY LAKE MUNICIPAL UTILITY DISTRICT","SUBCHAPTER D. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7983A.htm#7983A.0403","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"6ac576302bedb646370e3f1effd050cdaa4ec8a8ebd445c601d62f84ef7a84bd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-7983a.0402","next":"us-tx/tex.-special-district-local-laws-code-7984a.0101"},"notice":"GroundRules: Original legal text. Not legal advice."}