{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8424.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8424.203","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 2015, 84th Leg., R.S., Ch. 132 (H.B. 1068), Sec. 1, eff. May 28, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8424. FORT BEND COUNTY MUNICIPAL UTILITY DISTRICT NO. 216","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8424.htm#8424.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"2358f162b1dce6a116ca1d1d962e862572c3d3040163f7c9c9fa0b5aaaf230d6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8424.202","next":"us-tx/tex.-special-district-local-laws-code-8425.001"},"notice":"GroundRules: Original legal text. Not legal advice."}