Tex. Spec. Dist. Local Laws Code Section 8003.203
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. 662 (S.B. 2268), Sec. 1, eff. June 12, 2017.

Source: Section 8003.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8003.htm#8003.203 (accessed May 26, 2025).

8003.001
Definitions 8003.002
Nature of District 8003.003
Confirmation and Directors’ Election Required 8003.004
Consent of Municipality Required 8003.005
Findings of Public Purpose and Benefit 8003.006
Initial District Territory 8003.051
Governing Body 8003.052
Temporary Directors 8003.101
General Powers and Duties 8003.102
Municipal Utility District Powers and Duties 8003.103
Authority for Road Projects 8003.104
Road Standards and Requirements 8003.105
Compliance with Municipal Consent Ordinance or Resolution 8003.151
Elections Regarding Taxes or Bonds 8003.152
Operation and Maintenance Tax 8003.153
Contract Taxes 8003.201
Authority to Issue Bonds and Other Obligations 8003.202
Taxes for Bonds 8003.203
Bonds for Road Projects

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Verified:
May 26, 2025

§ 8003.203. Bonds for Rd. Projects's source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8003.203

Original Source: Section 8003.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8003.htm#8003.203 (last accessed May 10, 2025).

Tex. Spec. Dist. Local Laws Code Section 8003.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8003.203
Bonds for Road Projects