Tex. Spec. Dist. Local Laws Code Section 7952.203
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. 498 (S.B. 2039), Sec. 1, eff. June 16, 2015.

Source: Section 7952.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7952.htm#7952.203 (accessed Jun. 5, 2024).

7952.001
Definitions 7952.002
Nature of District 7952.003
Confirmation and Directors’ Election Required 7952.004
Consent of Municipality Required 7952.005
Findings of Public Purpose and Benefit 7952.006
Initial District Territory 7952.051
Governing Body 7952.052
Temporary Directors 7952.101
General Powers and Duties 7952.102
Municipal Utility District Powers and Duties 7952.103
Authority for Road Projects 7952.104
Road Standards and Requirements 7952.105
Compliance with Municipal Consent Ordinance or Resolution 7952.151
Elections Regarding Taxes or Bonds 7952.152
Operation and Maintenance Tax 7952.153
Contract Taxes 7952.201
Authority to Issue Bonds and Other Obligations 7952.202
Taxes for Bonds 7952.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 7952.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7952.203

Original Source: Section 7952.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7952.htm#7952.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 7952.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7952.203
Bonds for Road Projects