Tex. Spec. Dists. Code § 6601.151
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 that the district may have outstanding at any time may not exceed 10 percent of the assessed value of all taxable property in the district according to the most recent certified appraisal roll of the district.
Tex. Spec. Dist. Loc. Laws § 6601.151