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Tex. Special District Local Laws Code § 6604.202

LIMITATION ON DEBT

Texas · Texas Special District Local Laws Code · Status: effective

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Tex. Special District Local Laws Code § 6604.202, LIMITATION ON DEBT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/602125
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The total principal amount of bonds issued under Section 6604.201 that the district may have outstanding at any time may not exceed five percent of the assessed value of all taxable property in the district as shown by the most recent appraisal roll of the district.