{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8067.0503","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8067.0503","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 2019, 86th Leg., R.S., Ch. 936 (H.B. 4682), Sec. 1, eff. June 10, 2019.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8067. MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT NO. 166","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8067.htm#8067.0503","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"bb78deca8b24b1bab9c0c5e27d7ed5210bb6fabfbd6f36f37eeb9bfa61864e12","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8067.0502","next":"us-tx/tex.-special-district-local-laws-code-8068.0101"},"notice":"GroundRules: Original legal text. Not legal advice."}