{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8327.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8327.203","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 2011, 82nd Leg., R.S., Ch. 1264 (S.B. 1877), Sec. 1, eff. September 1, 2011.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8327. OATMAN HILL MUNICIPAL UTILITY DISTRICT","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8327.htm#8327.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"7d4b3d6efe36b14c1ef314d1d701d84be06956d484618eebc44c18b4524cf05e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8327.202","next":"us-tx/tex.-special-district-local-laws-code-8328.001"},"notice":"GroundRules: Original legal text. Not legal advice."}