{"data":{"id":"us-tx/tex.-special-district-local-laws-code-9084.0503","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 9084.0503","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 2019, 86th Leg., R.S., Ch. 933 (H.B. 4643), Sec. 1, eff. June 10, 2019.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE I. WATER CONTROL AND IMPROVEMENT DISTRICTS","CHAPTER 9084. WOOD TRACE WATER CONTROL AND IMPROVEMENT DISTRICT OF MONTGOMERY COUNTY, TEXAS","SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9084.htm#9084.0503","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"0bf71b302b2625a69ce356218f99dc4cdeb8ebedc883d3a60e70c862a074a516","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-9084.0502","next":"us-tx/tex.-special-district-local-laws-code-9084.0504"},"notice":"GroundRules: Original legal text. Not legal advice."}