Special District Local Laws Code § 7956.203
The district may not issue or incur road-project bonds or other obligations payable from ad valorem taxes if the total principal amount would be more than one-fourth of the district’s real-property assessed value.
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- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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municipal bonds road project financing
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Special District Local Laws Code § 7956.203
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