Texas Transportation Code § 365.032 Bond Election

Sec. 365.032. BOND ELECTION. (a) Bonds issued under this chapter that are payable from ad valorem taxes must be approved at an election held as provided by Chapters 284 and 441.

(b) An election is not necessary for the issuance of bonds under this chapter, including refunding bonds, payable only from district revenues.

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

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Last modified: September 28, 2016