Tex. Spec. Dist. Local Laws Code Section 8441.203
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. 753 (S.B. 609), Sec. 1, eff. June 14, 2013.

Source: Section 8441.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8441.htm#8441.203 (accessed Jun. 5, 2024).

8441.001
Definitions 8441.002
Nature of District 8441.003
Confirmation and Directors’ Election Required 8441.004
Consent of Municipality Required 8441.005
Findings of Public Purpose and Benefit 8441.006
Initial District Territory 8441.051
Governing Body 8441.052
Temporary Directors 8441.101
General Powers and Duties 8441.102
Municipal Utility District Powers and Duties 8441.103
Authority for Road Projects 8441.104
Road Standards and Requirements 8441.105
Compliance with Municipal Consent Ordinance or Resolution 8441.151
Elections Regarding Taxes or Bonds 8441.152
Operation and Maintenance Tax 8441.153
Contract Taxes 8441.201
Authority to Issue Bonds and Other Obligations 8441.202
Taxes for Bonds 8441.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 8441.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8441.203

Original Source: Section 8441.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8441.htm#8441.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8441.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8441.203
Bonds for Road Projects