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Tex. Transportation Code § 314.046

ASSESSMENTS LEVIED

Texas · Texas Transportation Code · Status: effective

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Tex. Transportation Code § 314.046, ASSESSMENTS LEVIED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/569709
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(a) The governing body may make an assessment only by ordinance. (b) An assessment may: (1) be made payable in not more than 16 installments maturing within 15 years; and (2) bear interest at not more than eight percent a year.