Sec. 58.441. ELECTION ORDER. (a) After the engineer's report is filed and approved, the board may order an election in the district to authorize the issuance of bonds.
(b) In the order, the board shall estimate the total amount of money needed to cover the items listed in Section 58.439 of this code.
(c) The election order shall state:
(1) the proposed maximum interest rate on the bonds;
(2) the maximum maturity date of the bonds;
(3) the time and places for holding the election; and
(4) the names of the election officers.
(d) The election order shall be entered in the minutes of the board.
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.Section: Previous 58.434 58.435 58.436 58.437 58.438 58.439 58.440 58.441 58.443 58.444 58.445 58.446 58.447 58.448 58.449 Next
Last modified: September 28, 2016