Tex. Spec. Dist. Local Laws Code Section 7986.203
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 2017, 85th Leg., R.S., Ch. 458 (S.B. 1526), Sec. 1, eff. September 1, 2017.

Source: Section 7986.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7986.htm#7986.203 (accessed Jun. 5, 2024).

7986.001
Definitions 7986.002
Nature of District 7986.003
Confirmation and Directors’ Election Required 7986.004
Consent of Municipality Required 7986.005
Findings of Public Purpose and Benefit 7986.006
Initial District Territory 7986.051
Governing Body 7986.052
Temporary Directors 7986.101
General Powers and Duties 7986.102
Municipal Utility District Powers and Duties 7986.103
Authority for Road Projects 7986.104
Road Standards and Requirements 7986.105
Compliance with Municipal Consent Ordinance or Resolution 7986.151
Elections Regarding Taxes or Bonds 7986.152
Operation and Maintenance Tax 7986.153
Contract Taxes 7986.201
Authority to Issue Bonds and Other Obligations 7986.202
Taxes for Bonds 7986.203
Bonds for Road Projects

Up to date

Accessed:
Jun. 5, 2024

§ 7986.203’s source at texas.gov

Stay Connected

Join thousands of people who receive monthly site updates.

Get Legal Help

The State Bar of Texas runs a service for finding an attorney in good standing. Initial consultations are usually free or discounted: Lawyer Referral & Information Service (LRIS)

Committed to Public Service

We will always provide free access to the current law. In addition, we provide special support for non-profit, educational, and government users. Through social entrepreneurship, we’re lowering the cost of legal services and increasing citizen access.

Navigate

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7986.203

Original Source: Section 7986.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7986.htm#7986.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 7986.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7986.203
Bonds for Road Projects