Tex. Spec. Dist. Local Laws Code Section 3886.205
Bonds for Road Projects


At the time of issuance, the total principal amount of bonds or other obligations issued or incurred to finance road projects may not exceed one-fourth of the assessed value of the real property in the district.
Added by Acts 2009, 81st Leg., R.S., Ch. 1077 (H.B. 4752), Sec. 1, eff. September 1, 2009.

Source: Section 3886.205 — Bonds for Road Projects, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3886.­htm#3886.­205 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 3886.205’s source at texas​.gov