Texas Special District Local Laws Code - Section 1001.353. General Obligation Bond Election

Legal Research Home > Texas Lawyer > Special District Local Laws Code > Texas Special District Local Laws Code - Section 1001.353. General Obligation Bond Election

§ 1001.353. GENERAL OBLIGATION BOND ELECTION.  (a) The 
district may issue general obligation bonds only if the bonds are 
authorized by a majority of the voters voting at an election held 
according to the law relating to municipal bonds.
	(b)  The governing body shall call the election at the 
request of the board and may also call the election on its own 
motion.
	(c)  The person charged with conducting and arranging 
citywide elections is responsible for conducting the bond election.
	(d)  The district shall pay the cost of a bond election.  The 
district must provide for the payment of election costs before the 
governing body is required to order an election.

Added by Acts 2005, 79th Leg., ch. 729, § 1.01, eff. April 1, 
2007.      

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Last modified: August 10, 2007