Section 1001.353 - 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 at an election held according to the law relating to municipal bonds.(b) The governing body shall call the election at the request of the board and may also call the election on its own motion.(c) The person charged with conducting and arranging citywide elections is responsible for conducting the bond election.(d) The district shall pay the cost of a bond election. The district must provide for the payment of election costs before the governing body is required to order an election.Tex. Spec. Dist. Loc. Laws § 1001.353
Added by Acts 2005, 79th Leg., Ch. 729, Sec. 1.01, eff. 4/1/2007.