Tex. Spec. Dist. Local Laws Code Section 8456.203
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. 768 (S.B. 1064), Sec. 1, eff. June 14, 2013.

Source: Section 8456.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8456.htm#8456.203 (accessed Apr. 20, 2024).

8456.001
Definitions 8456.002
Nature of District 8456.003
Confirmation and Directors’ Election Required 8456.004
Consent of Municipality Required 8456.005
Findings of Public Purpose and Benefit 8456.006
Initial District Territory 8456.051
Governing Body 8456.052
Temporary Directors 8456.101
General Powers and Duties 8456.102
Municipal Utility District Powers and Duties 8456.103
Authority for Road Projects 8456.104
Road Standards and Requirements 8456.105
Compliance with Municipal Consent Ordinance or Resolution 8456.151
Elections Regarding Taxes or Bonds 8456.152
Operation and Maintenance Tax 8456.153
Contract Taxes 8456.201
Authority to Issue Bonds and Other Obligations 8456.202
Taxes for Bonds 8456.203
Bonds for Road Projects

Up to date

Accessed:
Apr. 20, 2024

§ 8456.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8456.203

Original Source: Section 8456.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8456.htm#8456.203 (last accessed Apr. 20, 2024).

Tex. Spec. Dist. Local Laws Code Section 8456.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8456.203
Bonds for Road Projects