Texas § 1009.203 GENERAL OBLIGATION BOND ELECTION.

Texas Statutes

§ 1009.203 — GENERAL OBLIGATION BOND ELECTION.

Texas § 1009.203

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 1009.203 (2026).

Text

Sec. 1009.203. GENERAL OBLIGATION BOND ELECTION.

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

(b)The board shall call the election. The election must be held in accordance with Chapter 1251 , Government Code.

(c)The bond election order must specify:

(1)the date of the election;

(2)the amount of bonds to be authorized;

(3)the maximum maturity of the bonds;

(4)the maximum interest rate of the bonds;

(5)the location of the polling places; and

(6)the presiding election officers.

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Sec. 1009.203. GENERAL OBLIGATION BOND ELECTION. (a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the voters voting in an election held for that purpose.
(b) The board shall call the election. The election must be held in accordance with Chapter 1251 , Government Code.
(c) The bond election order must specify:
(1) the date of the election;
(2) the amount of bonds to be authorized;
(3) the maximum maturity of the bonds;
(4) the maximum interest rate of the bonds;
(5) the location of the polling places; and
(6) the presiding election officers.