Tex. Spec. Dist. Local Laws Code Section 8463.203
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. 770 (S.B. 1067), Sec. 1, eff. June 14, 2013.

Source: Section 8463.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8463.htm#8463.203 (accessed Jun. 5, 2024).

8463.001
Definitions 8463.002
Nature of District 8463.003
Confirmation and Directors’ Election Required 8463.004
Consent of Municipality Required 8463.005
Findings of Public Purpose and Benefit 8463.006
Initial District Territory 8463.051
Governing Body 8463.052
Temporary Directors 8463.101
General Powers and Duties 8463.102
Municipal Utility District Powers and Duties 8463.103
Authority for Road Projects 8463.104
Road Standards and Requirements 8463.105
Compliance with Municipal Consent Ordinance or Resolution 8463.151
Elections Regarding Taxes or Bonds 8463.152
Operation and Maintenance Tax 8463.153
Contract Taxes 8463.201
Authority to Issue Bonds and Other Obligations 8463.202
Taxes for Bonds 8463.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 8463.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8463.203

Original Source: Section 8463.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8463.htm#8463.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8463.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8463.203
Bonds for Road Projects