Texas Special District Local Laws Code § 1102.203 General Obligation Bond Election

Sec. 1102.203. 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 in accordance with Chapter 1251, Government Code.

(c) Notice of a bond election shall be given as provided by Chapter 1251, Government Code.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

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Last modified: September 28, 2016