Tex. Spec. Dist. Local Laws Code § 9090.0503 · Subchapter E. BONDS AND OTHER OBLIGATIONS
BONDS FOR ROAD PROJECTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 749 (H.B. 4606), Sec. 1, eff. June 15, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9090.htm
- Text hash
- sha256 3adbee3da299c5a693ca381640048800576812f4b221df0ec943c37b7acfd824
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.