(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 may order a bond election.

Terms Used In Texas Special District Local Laws Code 1098.203

  • 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.

(c) The election must be conducted in accordance with Chapter 1251, Government Code.

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