Tex. Special District Local Laws Code § 8211.202
BONDS FOR ROAD PROJECTS
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 8211.202, BONDS FOR ROAD PROJECTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/612461
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Full text
At the time of issuance, the total principal amount of a bond, note, or other obligation issued or incurred to finance a road project may not exceed one-fourth of the assessed value of real property in the district according to the most recent certified tax appraisal roll for Montgomery County.