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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 voting in an election held for that purpose.
(b) The board may order a bond election on its own motion.
(c) The order calling the election must specify:
(1) the date of the election;
(2) the location of the polling places;
(3) the presiding election officers;
(4) each proposition to be voted on; and
(5) any other matter considered necessary or desirable by the board.
(d) Notice of a bond election shall be given by publishing a substantial copy of the order calling the election in a newspaper of general circulation in the district once each week for two consecutive weeks. The first publication must occur at least 14 days before the date of the election. (Acts 62nd Leg., R.S., Ch. 848, Secs. 5 (part), 11(a) (part).)
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 1111.203. General Obligation Bond Election - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-1111-203/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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