{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8385.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8385.203","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. 1115 (S.B. 1916), Sec. 1, eff. June 17, 2011.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS For contingent expiration of this chapter, see Section 8385.004.","CHAPTER 8385. SOUTHEAST TRAVIS COUNTY MUNICIPAL UTILITY DISTRICT NO. 4","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8385.htm#8385.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"4e7c231ff5f23de7fd93ac33e1bcfb88f40f2c209c7e744ab3ec2b0d9075e460","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8385.202","next":"us-tx/tex.-special-district-local-laws-code-8385.251"},"notice":"GroundRules: Original legal text. Not legal advice."}