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Texas Special District Local Laws Code - SDLL § 6611.204. Bond election

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

(a) The board may submit a proposition for the issuance of district bonds under Section 6611.201 at an election called for that purpose at any time the board considers proper.

(b) Chapter 1251, Government Code, applies to a district bond election except to the extent of any conflict with this chapter.

(c) If a majority of the voters voting at a district bond election vote in favor of the issuance of bonds and the imposition of taxes, the board may:

(1) issue, sell, and deliver the bonds;

(2) receive, use, and apply the proceeds for district purposes; and

(3) impose taxes on all property subject to taxation in the district. (Acts 61st Leg., R.S., Ch. 11, Secs. 8(b) (part), (c) (part).)

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 6611.204. Bond election - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-6611-204/

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