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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Bonds, other than refunding bonds, may not be issued unless authorized by a majority of the votes cast in an election held to determine whether the bonds should be issued and whether a tax should be imposed to pay the principal of and interest on the bonds.
(b) The board may order and provide notice of an election under this section.
(c) In addition to other requirements, the ballot shall be printed to provide for voting for or against the proposition: “The issuance of bonds and the imposition of a tax in payment thereof.” (Acts 64th Leg., R.S., Ch. 201, Sec. 7(b) (part).)
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 7807.204. Election Required - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-7807-204/
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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