{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8324.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8324.203","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 2009, 81st Leg., R.S., Ch. 1058 (H.B. 4698), Sec. 1, eff. June 19, 2009.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8324. LAKE WEATHERFORD MUNICIPAL UTILITY DISTRICT NO. 1","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8324.htm#8324.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"af738f42cc40ee4ecbec84c5f0efc856e08764465f137a61000aea4b09cdcd5e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8324.202","next":"us-tx/tex.-special-district-local-laws-code-8325.001"},"notice":"GroundRules: Original legal text. Not legal advice."}