Texas Special District Local Laws Code § 1122.201 General Obligation Bonds

Sec. 1122.201. GENERAL OBLIGATION BONDS. If authorized by an election, the board may issue and sell general obligation bonds in the name and on the faith and credit of the district to:

(1) purchase, construct, acquire, repair, or renovate buildings or improvements;

(2) equip buildings or improvements for district purposes; or

(3) acquire and operate a mobile emergency medical service.

Added by Acts 2013, 83rd Leg., R.S., Ch. 1306 (H.B. 3793), Sec. 5, eff. September 1, 2013.

Amended by:

Acts 2015, 84th Leg., R.S., Ch. 382 (H.B. 1596), Sec. 12, eff. June 10, 2015.

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Last modified: September 28, 2016