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Texas Special District Local Laws Code - SDLL § 1018.203. General Obligation Bond Election

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the district voters.

(b) The board, in ordering the election, shall provide for clerks as in county elections and specify:

(1) the date of the election;

(2) the location of the polling places;

(3) the presiding and alternate election judges for each polling place;

(4) the amount of the bonds to be authorized; and

(5) the maximum maturity of the bonds.

(c) Notice of a bond election shall be given as provided by Section 1251.003, Government Code.

(d) Chapter 41, Election Code, does not apply to an election held under this section.

(e) The board shall declare the results of the election.

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 1018.203. General Obligation Bond Election - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-1018-203/

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