{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8494.203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8494.203","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. 866 (H.B. 2091), Sec. 1.01, eff. September 1, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8494. FULSHEAR MUNICIPAL UTILITY DISTRICT NO. 4","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8494.htm#8494.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"ffd2589c73d98f99f3d52e6b35e4cb707dd39af5bd9b936fa1297325f766ee61","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8494.202","next":"us-tx/tex.-special-district-local-laws-code-8495.001"},"notice":"GroundRules: Original legal text. Not legal advice."}