Texas § 1005.203 GENERAL OBLIGATION BOND ELECTION.

Texas Statutes

§ 1005.203 — GENERAL OBLIGATION BOND ELECTION.

Texas § 1005.203

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 1005.203 (2026).

Text

Sec. 1005.203. GENERAL OBLIGATION BOND ELECTION.

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

(b)The board may order a general obligation bond election. The order calling the election must specify:

(1)the nature and date of the election;

(2)the hours during which the polls must be open;

(3)the location of the polling places;

(4)the amount of the bonds to be authorized; and

(5)the maximum maturity of the bonds.

(c)Notice of a bond election shall be given as provided by Section 1251.003 , Government Code.

(d)The board shall declare the results of the election.

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Sec. 1005.203. GENERAL OBLIGATION BOND ELECTION. (a) The district may issue general obligation bonds only if the bonds are authorized by a majority of voters voting at an election held for that purpose.
(b) The board may order a general obligation bond election. The order calling the election must specify:
(1) the nature and date of the election;
(2) the hours during which the polls must be open;
(3) the location of the polling places;
(4) the amount of the bonds to be authorized; and
(5) the maximum maturity of the bonds.
(c) Notice of a bond election shall be given as provided by Section 1251.003 , Government Code.
(d) The board shall declare the results of the election.