{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8414.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8414.203","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 2013, 83rd Leg., R.S., Ch. 909 (H.B. 1260), Sec. 1, eff. June 14, 2013.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8414. MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT NO. 132","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8414.htm#8414.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"a75a62fe3256eb203e50a184601d15f6986949dab4a1f1a1ab5cdc94ee71b893","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8414.202","next":"us-tx/tex.-special-district-local-laws-code-8415.001"},"notice":"GroundRules: Original legal text. Not legal advice."}