Texas § 257.112 BONDS AND TAX AUTHORIZED.

Texas Statutes

§ 257.112 — BONDS AND TAX AUTHORIZED.

Texas § 257.112

Code TNTransportation Code

This text of Texas § 257.112 (BONDS AND TAX AUTHORIZED.) 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. Transportation Code Code Ann. § 257.112 (2026).

Text

Sec. 257.112. BONDS AND TAX AUTHORIZED. As provided by Section 52 , Article III, Texas Constitution, to construct, maintain, and operate macadamized, graveled, or paved roads or turnpikes, or in aid of those activities, two or more adjoining counties or portions of adjoining counties through a road district established under this subchapter may:

(1)issue bonds in any amount not to exceed one-fourth of the taxable value of the real property located in the district;

(2)impose an annual ad valorem tax to pay the interest on the bonds; and

(3)provide a sinking fund for the redemption of the bonds.

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Sec. 257.112. BONDS AND TAX AUTHORIZED. As provided by Section 52 , Article III, Texas Constitution, to construct, maintain, and operate macadamized, graveled, or paved roads or turnpikes, or in aid of those activities, two or more adjoining counties or portions of adjoining counties through a road district established under this subchapter may:
(1) issue bonds in any amount not to exceed one-fourth of the taxable value of the real property located in the district;
(2) impose an annual ad valorem tax to pay the interest on the bonds; and
(3) provide a sinking fund for the redemption of the bonds.