Tex. Transp. Code § 257.112 · Subchapter C. ROAD DISTRICT IN ADJOINING COUNTIES
BONDS AND TAX AUTHORIZED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
As provided by Section 52, Article III, Texas Constitution, to construct, maintain, and operate macadamized, graveled, or paved roads or turnpikes, or in aid of those activities, two or more adjoining counties or portions of adjoining counties through a road district established under this subchapter may:
(1) issue bonds in any amount not to exceed one-fourth of the taxable value of the real property located in the district;
(2) impose an annual ad valorem tax to pay the interest on the bonds; and
(3) provide a sinking fund for the redemption of the bonds.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.257.htm
- Text hash
- sha256 5ad24a76cb6c05234b050be5acdaec807c9630bc993e92cf6399a336c6b1edb9
- 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
This section cites
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