Texas Special District Local Laws Code 1035.253 – General Obligation Bond Election
Current as of: 2024 | Check for updates
|
Other versions
(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 called for that purpose and ordered by the board on its own motion.
(b) The election shall be conducted in accordance with Chapter 1251, Government Code.
Terms Used In Texas Special District Local Laws Code 1035.253
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.