{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8483.0503","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8483.0503","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 2021, 87th Leg., R.S., Ch. 740 (H.B. 4578), Sec. 1, eff. June 15, 2021.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8483. LAKEVIEW POINT MUNICIPAL UTILITY DISTRICT OF PALO PINTO COUNTY","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8483.htm#8483.0503","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"9c12a9e7c892bf6af03f951a3fc383618169d48ffdf7afd632cc07cb4336f766","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8483.0502","next":"us-tx/tex.-special-district-local-laws-code-8484.001"},"notice":"GroundRules: Original legal text. Not legal advice."}