Tex. Spec. Dist. Local Laws Code Section 7922.203
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. 903 (S.B. 2007), Sec. 1, eff. June 18, 2015.

Source: Section 7922.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7922.htm#7922.203 (accessed Apr. 20, 2024).

7922.001
Definitions 7922.002
Nature of District 7922.003
Confirmation and Directors’ Election Required 7922.004
Consent of Municipality Required 7922.005
Findings of Public Purpose and Benefit 7922.006
Initial District Territory 7922.051
Governing Body 7922.052
Temporary Directors 7922.101
General Powers and Duties 7922.102
Municipal Utility District Powers and Duties 7922.103
Authority for Road Projects 7922.104
Road Standards and Requirements 7922.105
Compliance with Municipal Consent Ordinance or Resolution 7922.151
Elections Regarding Taxes or Bonds 7922.152
Operation and Maintenance Tax 7922.153
Contract Taxes 7922.201
Authority to Issue Bonds and Other Obligations 7922.202
Taxes for Bonds 7922.203
Bonds for Road Projects

Up to date

Accessed:
Apr. 20, 2024

§ 7922.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7922.203

Original Source: Section 7922.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7922.htm#7922.203 (last accessed Apr. 20, 2024).

Tex. Spec. Dist. Local Laws Code Section 7922.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7922.203
Bonds for Road Projects