Tex. Spec. Dist. Local Laws Code Section 3891.157
Bonds for Road Projects

At the time of issuance the total principal amount of bonds or other obligations incurred to finance a road project may not exceed one-fourth of the assessed value of real property in the district.
Added by Acts 2009, 81st Leg., R.S., Ch. 1102 (H.B. 4829), Sec. 1, eff. June 19, 2009.

Source: Section 3891.157 — Bonds for Road Projects, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3891.­htm#3891.­157 (accessed Jun. 5, 2024).

Jun. 5, 2024

§ 3891.157’s source at texas​.gov