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Texas Transportation Code - Section 284.037. Revenue Bond Election Not Required

Legal Research Home > Texas Lawyer > Transportation Code > Texas Transportation Code - Section 284.037. Revenue Bond Election Not Required

§ 284.037. REVENUE BOND ELECTION NOT REQUIRED.  (a) The 
issuance of bonds under this chapter that are payable solely from 
revenues may be authorized without an election.
	(b)  If an election is not held, notice of intention to issue 
the revenue bonds must be given as provided by Section 252.041, 
Local Government Code.
	(c)  The authority to issue the revenue bonds is subject to 
the right of referendum provided by Section 252.045, Local 
Government Code.

Acts 1995, 74th Leg., ch. 165, § 1, eff. Sept. 1, 1995.                    

Last modified: August 10, 2007