{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8118.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8118.203","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 2021, 87th Leg., R.S., Ch. 170 (S.B. 2216), Sec. 3, eff. May 30, 2021.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8118. EAST MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT NO. 14","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8118.htm#8118.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"265de71621577b8f0d75e5f0b62773e88a0ca57fa82d20e50091ae13b5c11b9c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8118.202","next":"us-tx/tex.-special-district-local-laws-code-8119.001"},"notice":"GroundRules: Original legal text. Not legal advice."}