{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8432.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8432.203","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. 913 (H.B. 1355), Sec. 1, eff. June 14, 2013.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8432. NORTH SAN GABRIEL MUNICIPAL UTILITY DISTRICT OF WILLIAMSON COUNTY","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8432.htm#8432.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"8c6d182570a2c999ce68389c3f0515092f4fff0c397f4ae82eecf4af6e241fbc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8432.202","next":"us-tx/tex.-special-district-local-laws-code-8433.001"},"notice":"GroundRules: Original legal text. Not legal advice."}