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Tex. Special District Local Laws Code § 1027.203

GENERAL OBLIGATION BOND ELECTION

Texas · Texas Special District Local Laws Code · Status: effective

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Tex. Special District Local Laws Code § 1027.203, GENERAL OBLIGATION BOND ELECTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/586302
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(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 order calling the election shall provide for clerks as in county elections and must 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; (5) the maximum maturity of the bonds; and (6) the maximum interest rate of the bonds. (c) Notice of a bond election shall be given as provided by Section 1251.003, Government Code.