Tex. Spec. Dist. Local Laws Code Section 7915.203
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 and payable from ad valorem taxes may not exceed one-fourth of the assessed value of the real property in the district.

Added by Acts 2015, 84th Leg., R.S., Ch. 905 (S.B. 2009), Sec. 1, eff. June 18, 2015.

Source: Section 7915.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7915.htm#7915.203 (accessed Jun. 5, 2024).

7915.001
Definitions 7915.002
Nature of District 7915.003
Confirmation and Directors’ Election Required 7915.004
Consent of Municipality Required 7915.005
Findings of Public Purpose and Benefit 7915.006
Initial District Territory 7915.051
Governing Body 7915.052
Temporary Directors 7915.101
General Powers and Duties 7915.102
Municipal Utility District Powers and Duties 7915.103
Authority for Road Projects 7915.104
Road Standards and Requirements 7915.105
Compliance with Municipal Consent Ordinance or Resolution 7915.151
Elections Regarding Taxes or Bonds 7915.152
Operation and Maintenance Tax 7915.153
Contract Taxes 7915.201
Authority to Issue Bonds and Other Obligations 7915.202
Taxes for Bonds 7915.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 7915.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7915.203

Original Source: Section 7915.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7915.htm#7915.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 7915.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7915.203
Bonds for Road Projects