Tex. Spec. Dist. Local Laws Code Section 8423.203
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 2013, 83rd Leg., R.S., Ch. 612 (S.B. 1266), Sec. 1, eff. June 14, 2013.

Source: Section 8423.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8423.htm#8423.203 (accessed Jun. 5, 2024).

8423.001
Definitions 8423.002
Nature of District 8423.003
Confirmation and Directors’ Election Required 8423.004
Consent of Municipality Required 8423.005
Findings of Public Purpose and Benefit 8423.006
Initial District Territory 8423.051
Governing Body 8423.052
Temporary Directors 8423.101
General Powers and Duties 8423.102
Municipal Utility District Powers and Duties 8423.103
Authority for Road Projects 8423.104
Road Standards and Requirements 8423.105
Compliance with Municipal Consent Ordinance or Resolution 8423.151
Elections Regarding Taxes or Bonds 8423.152
Operation and Maintenance Tax 8423.153
Contract Taxes 8423.201
Authority to Issue Bonds and Other Obligations 8423.202
Taxes for Bonds 8423.203
Bonds for Road Projects

Up to date

Accessed:
Jun. 5, 2024

§ 8423.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8423.203

Original Source: Section 8423.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8423.htm#8423.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8423.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8423.203
Bonds for Road Projects