Tex. Spec. Dist. Local Laws Code Section 8218.202
Bonds for Road Projects


At the time of issuance, the total principal amount of a bond, note, or other obligation issued or incurred to finance a road project may not exceed one-fourth of the assessed value of real property in the district.
Added by Acts 2007, 80th Leg., R.S., Ch. 580 (S.B. 1961), Sec. 1, eff. June 16, 2007.

Source: Section 8218.202 — Bonds for Road Projects, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­8218.­htm#8218.­202 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 8218.202’s source at texas​.gov