BONDS FOR ROAD PROJECTS.

Tex. SPEC. DIST. LOCAL LAWS Code § 3902.258.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
At the time of issuance, the total principal amount of bonds or other obligations issued or incurred to finance road projects may not exceed one-fourth of the assessed value of the real property in the district. Added by Acts 2011, 82nd Leg., R.S., Ch. 1195 (H.B. 3859 ), Sec. 1, eff. September 1, 2011.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026