Texas Special District Local Laws Code § 8483.203 Bonds For Road Projects

Sec. 8483.203. 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. 833 (S.B. 1893), Sec. 1, eff. June 14, 2013.

Section: Previous  8483.006  8483.051  8483.052  8483.101  8483.102  8483.103  8483.104  8483.105  8483.106  8483.107  8483.151  8483.152  8483.153  8483.201  8483.202

Last modified: September 28, 2016