{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8348.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8348.203","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. 1089 (H.B. 4790), Sec. 1, eff. September 1, 2009.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8348. BROWN'S RANCH MUNICIPAL UTILITY DISTRICT NO. 1 OF GRAYSON COUNTY","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8348.htm#8348.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"c0c0e9a1a74ad477c23d9d0d94d0f92e57e1cc826f7e9bb09de4d3750a73732f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8348.202","next":"us-tx/tex.-special-district-local-laws-code-8349.0101"},"notice":"GroundRules: Original legal text. Not legal advice."}