{"data":{"id":"us-tx/tex.-special-district-local-laws-code-7989.103","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 7989.103","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. 676 (S.B. 2292), Sec. 1, eff. June 12, 2017.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 7989. MEYER RANCH MUNICIPAL UTILITY DISTRICT OF COMAL COUNTY","SUBCHAPTER C. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7989.htm#7989.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"c134bc73ef6f1f45fd3d8f148d32ec77c6c22f17b67c84a1ce8f3356bf5ed97b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-7989.102","next":"us-tx/tex.-special-district-local-laws-code-7990.001"},"notice":"GroundRules: Original legal text. Not legal advice."}