Sec. 1031.203. GENERAL OBLIGATION BOND ELECTION. (a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the district voters voting at an election held for that purpose.
(b) The board may order a bond election. The election shall be conducted as provided by Chapter 1251, Government Code.
(c) The board shall declare the results of the election.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Section: Previous 1031.152 1031.153 1031.154 1031.155 1031.156 1031.201 1031.202 1031.203 1031.204 1031.205 1031.206 1031.207 1031.251 1031.252 1031.253 NextLast modified: September 28, 2016