Tex. Spec. Dists. Code § 6604.202
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The total principal amount of bonds issued under Section 6604.201 that the district may have outstanding at any time may not exceed five percent of the assessed value of all taxable property in the district as shown by the most recent appraisal roll of the district.
Tex. Spec. Dist. Loc. Laws § 6604.202