Texas Special District Local Laws Code 1039.203 – General Obligation Bond Election
Current as of: 2024 | Check for updates
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(a) The district may issue bonds payable from taxes only if the bonds are authorized by a majority of the district voters.
(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; and
(5) the maximum maturity of the bonds.
Terms Used In Texas Special District Local Laws Code 1039.203
- Week: means seven consecutive days. See Texas Government Code 311.005
(c) Notice of a bond election shall be given by publishing a copy of the election order in a newspaper of general circulation in the district once a week for two consecutive weeks. The first publication must appear at least 30 days before the date of the election.
