Texas § 8282.252 AUTHORITY TO ISSUE BONDS FOR ROADS AND TURNPIKES.

Texas Statutes

§ 8282.252 — AUTHORITY TO ISSUE BONDS FOR ROADS AND TURNPIKES.

Texas § 8282.252

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 8282.252 (2026).

Text

Sec. 8282.252. AUTHORITY TO ISSUE BONDS FOR ROADS AND TURNPIKES.

(a)The district may not issue bonds for a purpose described by Section 8282.153 unless the bonds are approved by a vote of a two-thirds majority of the voters voting in the district or the territory to be affected by the bonds.

(b)Bonds, notes, or other district obligations issued or incurred for a purpose described by Section 8282.153 may not exceed one-fourth of the assessed valuation of the real property of the district or the territory to be affected by the bonds.

(c)Sections 49.181 , 49.182 , and 54.5161 , Water Code, do not apply to bonds issued by the district as provided by this section.

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Sec. 8282.252. AUTHORITY TO ISSUE BONDS FOR ROADS AND TURNPIKES. (a) The district may not issue bonds for a purpose described by Section 8282.153 unless the bonds are approved by a vote of a two-thirds majority of the voters voting in the district or the territory to be affected by the bonds.
(b) Bonds, notes, or other district obligations issued or incurred for a purpose described by Section 8282.153 may not exceed one-fourth of the assessed valuation of the real property of the district or the territory to be affected by the bonds.
(c) Sections 49.181 , 49.182 , and 54.5161 , Water Code, do not apply to bonds issued by the district as provided by this section.