{"data":{"id":"us-tx/tex.-water-code-61.232","jurisdiction":"us-tx","citation":"Tex. Water Code § 61.232","heading":"LIMITATION ON BOND ISSUE.","body":"Outstanding bonds and additional bonds which are authorized may not be more than one-fourth of the assessed value of the real property in the district, as shown by the last tax roll for the district.\nActs 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1979, 66th Leg., p. 2321, ch. 841, Sec. 4(r), eff. Jan. 1, 1982.","path":["WATER CODE","TITLE 4. GENERAL LAW DISTRICTS","CHAPTER 61. ARTICLE III, SECTION 52, NAVIGATION DISTRICTS","SUBCHAPTER G. BOND AND TAX PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.61.htm#61.232","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"d61314504b12962d99dbc7a97c6fe576301b58de8fdbacf06d7bdc5932ff2975","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-61.231","next":"us-tx/tex.-water-code-61.233"},"notice":"GroundRules: Original legal text. Not legal advice."}