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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) If a road district is created that contains a portion of the territory of an existing precinct or district that has outstanding road bonds, the newly created district may issue bonds to:
(1) purchase roads in the existing precinct or district; or
(2) further construct macadamized, graveled, or paved roads or turnpikes in the new district.
(b) The bonds shall be issued in the form and manner prescribed for county bonds under Sections 1471.081-1471.086.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1471.087. Creation of Road District Containing Portion of Territory of Existing District - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1471-087/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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