Texas Statutes
§ 8119.151 — BONDS FOR ROAD PROJECTS.
Texas § 8119.151
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 8119.151 (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. § 8119.151 (2026).
Text
Sec. 8119.151. 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 2017, 85th Leg., R.S., Ch. 640 (H.B. 4334 ), Sec. 5(c), eff. June 12, 2017.
Added by Acts 2017, 85th Leg., R.S., Ch. 658 (S.B. 2252 ), Sec. 3, eff. June 12, 2017.
Nearby Sections
15
§ 8119.001
DEFINITIONS.§ 8119.004
INITIAL DISTRICT TERRITORY.§ 8119.021
TEMPORARY DIRECTORS.§ 8119.024
INITIAL ELECTED DIRECTORS; TERMS.§ 8119.051
DIRECTORS; TERMS.§ 8119.052
ELECTION OF DIRECTORS.§ 8119.101
UTILITIES.§ 8119.103
LIMITATION ON USE OF EMINENT DOMAIN.§ 8119.104
AUTHORITY FOR ROAD PROJECTS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 8119.151, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/8119.151.