Tex. Spec. Dist. Local Laws Code Section 1097.203
General Obligation Bond Election

(a)

The district may issue general obligation bonds only if the bonds are authorized by a majority of the district voters voting at an election held for that purpose.

(b)

The board shall call the election. The election must be held in accordance with Chapter 1251 (Bond Elections), Government Code.

(c)

The bond election order must specify:

(1)

the date of the election;

(2)

the location of the polling places;

(3)

the presiding election officers;

(4)

the amount of the bonds to be authorized;

(5)

the maximum maturity of the bonds; and

(6)

the maximum interest rate of the bonds.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Source: Section 1097.203 — General Obligation Bond Election, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1097.­htm#1097.­203 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1097.203’s source at texas​.gov