Texas Statutes
§ 8055.0503 — BONDS FOR ROAD PROJECTS.
Texas § 8055.0503
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 8055.0503 (BONDS FOR ROAD PROJECTS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Special District Local Laws Code Code Ann. § 8055.0503 (2026).
Text
Sec. 8055.0503. BONDS FOR ROAD PROJECTS. At the time of issuance, the total principal amount of bonds or other obligations issued or incurred to finance road projects and payable from ad valorem taxes may not exceed one-fourth of the assessed value of the real property in the district.
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Legislative History
Added by Acts 2019, 86th Leg., R.S., Ch. 873 (H.B. 3019 ), Sec. 1, eff. September 1, 2019.
Nearby Sections
15
§ 8055.0101
DEFINITIONS.§ 8055.0102
NATURE OF DISTRICT.§ 8055.0103
CONFIRMATION AND DIRECTOR ELECTION REQUIRED.§ 8055.0104
CONSENT OF MUNICIPALITY REQUIRED.§ 8055.0105
FINDINGS OF PUBLIC PURPOSE AND BENEFIT.§ 8055.0106
INITIAL DISTRICT TERRITORY.§ 8055.0201
GOVERNING BODY; TERMS.§ 8055.0202
TEMPORARY DIRECTORS.§ 8055.0301
GENERAL POWERS AND DUTIES.§ 8055.0303
AUTHORITY FOR ROAD PROJECTS.§ 8055.0304
ROAD STANDARDS AND REQUIREMENTS.§ 8055.0401
ELECTIONS REGARDING TAXES OR BONDS.§ 8055.0402
OPERATION AND MAINTENANCE TAX.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 8055.0503, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/8055.0503.